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Producer
July 25, 2022
Question

HMRC SMP - category when reconciling

  • July 25, 2022
  • 1 reply
  • 0 views

Hiya,

 

we have received SMP from HMRC for an employee. What category should I choose for this income when reviewing the banking transactions and how do I log it in terms of VAT?

 

Thank you

 

Iv

1 reply

A
Ashleigh1
July 25, 2022

Hello Producer, 

 

Welcome to the Community page, 

 

We would advise you speak to a trained and qualified accountant who will be able to advise and guide you on how to enter this in correctly into your account. 

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