new account settings

Accounting and inventory IFRS/GAAP suite for SMB. General questions. See 1C:AccountingSuite details

#1
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I have a question on these three fields in the Chart of Accounts:
- Noncash income expense
- Other comprehensive income
- Income tax account

They are not described in the User Manual. What's their purpose, and how they work.

Thanks,
Steve

 
#2
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Company: 1C Company

We are currently working on a whitepaper on implementation of IFRS in 1C:Accounting Suite where you'll be able to find more detailed information. But the short answer is the following:

- Noncash income/expense - related to adjustments in the Cash Flow (indirect) report
- Other comprehensive income (OCI) - these accounts are included in the Other Comprehensive Income report (Accounting workspace)
- Income tax account - this account is put as a separate category in the Income Statement report

 
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