Anyone fluent in business accounts - negative payment sums?

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JRW
Posts: 399
Joined: 18 Jun 2015 15:01

Anyone fluent in business accounts - negative payment sums?

Post by JRW »

I have some data from an excel spreadsheet, courtesy of Lewisham Council peoples’ audit.

Can anyone explain please, what does it mean if business rates income is expressed as a negative number? Eg:
"via 1 receipt of -£36,422.29 plus 1 of -£100,920.11"
Paid? Unpaid? Credit?
All help appreciated…
syd
Posts: 345
Joined: 23 Aug 2006 18:30
Location: lower sydenham

Re: Anyone fluent in business accounts - negative payment sums?

Post by syd »

Hi I’ll have a look but the link isn't working. Can you post again?
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