Why you need to be in control
13 September 2012
Keeping track of payments is only possible if you know the basics…
Unit 2 of the AAT qualification is called Making and Recording Payments, and students must be aware of different ways in which businesses settle their liabilities. Specifically, the range statement for Unit 2 identifies cash, cheques and automated payments.
Most businesses will make some cash payments, but this method is usually reserved for low value...