Directors Remuneration

There are two reasons why this may occur:

Order Number

The director has not been given an order number in Accounts Production. This can be checked/entered in Accounts Production under Edit | Directors/Secretary.

 

Incorrect account numbers used for remuneration in Accounts Production.

Within Accounts Production each director's remuneration should be posted to a specific account number as follows:

For Director Number  IRIS Chart Account Number  ELTD Chart Account Number

Director 1                    335                                        43/1 to 43\9

Director 2                    341                                        151/1 to 151/9

Director 3                    347                                        185/1 to 185/9

Director 4                    353                                        220/1 to 220/9

Director 5                    359                                        254/1 to 254/9

Director 6                    365                                        310/1 to 310/9

Director 7                    371                                        344/1 to 344/9

Director 8                    377                                        388/1 to 388/9

Director 9                    383

Director 10                  389                        N.B - users need to allocate the remuneration

Director 11                  395                        to a director. I.e. post to 254/1*3 for director

Director 12                  401                        number three's remuneration.

  

If account number 407 has been used then the words Unspecified directors appear on the computation.