I would like to know what account will be for a penalty for GST filling late. I can create an account named Penalty, but I don't think it was deductible like other expenses. If it is the case, how to deal with it at year-end. Would you please don't just tell me that your account will take care of it. I just want to learn it.
Thank you very much!
In reply to smithco:
OK, thank you very much,Madame Smithco!
© 2015, Sage Software, Inc. All Rights Reserved. Sage provides small and medium sized organizations and mid-market companies with a range of easy-to-use, secure and efficient
business management software and services - from accounting, HR and payroll, to payments, enterprise resource planning and customer relationship management.
Community Terms of Service | Community Guidelines | Blog List | Community Help