Dear accountancy gurus,
I would really appreciate it if you could help me with the following:
A member of my staff is doing university course which is work based and the uni is funding this course. I should receive 10 installments of £700 each over 10 months period. The money basically should pay for supply cover while she is on specific trainings, travel costs, online courses etc. Can anyone explain to me please what journal entries I should make. Any ideas? Please!