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voting a fee?

  • 21-11-2013 10:42pm
    #1
    frankythefish
    Closed Accounts Posts: 339 ✭✭


    hi all
    i'm a trainee. doing some year end accounts. there happens to be an amount owing to the company by a director at year end. thus i am informed i must 'vote a fee'. what does this mean? what steps must i take? lost :(


Comments

  • #2
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    frankythefish wrote: »
    hi all
    i'm a trainee. doing some year end accounts. there happens to be an amount owing to the company by a director at year end. thus i am informed i must 'vote a fee'. what does this mean? what steps must i take? lost :(

    A director's account cannot be a negative, therefore you could pay him a fee.

    But, if you're a trainee you should be asking your manager. Good lesson to learn now, don't be afraid to ask questions of your manager.


  • #3
    Shaque attack
    Registered Users, Registered Users 2 Posts: 921 ✭✭✭Shaque attack


    smcgiff wrote: »
    Good lesson to learn now, don't be afraid to ask questions of your manager.

    This!


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