PAYE98002 - Accounting: end of year: accounting status
The Financial Events Summary screen is the principle accounting screen. It displays Financial events posted to a taxpayer鈥檚 account throughout the selected year using the following Financial events status.
Underpayments
| Descriptor | Meaning |
|---|---|
Outstanding |
Not currently coded or not collected by Simple Assessment. An existing voluntary payment has been cancelled and the amount originally paid is now outstanding |
Coded |
Underpayment included in CY, CY+1 or collected in an earlier code |
Cancelled |
Superseded by a later accounting event |
Cancelled Transferred to CESA |
Transferred by user to CESA |
Cancelled U/P created in error |
Underpayment created by user and then cancelled |
Revenue Loss |
Remission input by user |
Carry Forward |
An underpaid amount for the year that has been carried in to a later year as 鈥榯ax underpaid at start of year鈥� |
Sent to ETMP |
Amount sent to ETMP for collection under Simple Assessment |
Paid ETMP |
A carried forward underpayment value was set off against tax paid in a Simple Assessment year. The original coded out year will be updated from 鈥楥arried forward鈥� and 鈥楥oded out鈥� to 鈥楶aid ETMP鈥� |
Overpayments
| Descriptor | Meaning |
|---|---|
Pending |
Allocated when the repayment is initially created and is awaiting the issue of the P800 output |
Issued |
The repayment request has been issued to the Repayment Clump but the payable order has not yet been issued |
Paid |
The payable order serial number has been confirmed by the Repayment Clump and the payable order has been issued |
Cancelled |
A previously issued payable order has been cancelled |
Stopped |
A repayment has been stopped before it has been issued |
No repayment |
An overpayment amount below tolerance has been calculated |
Carry Forward |
The repayment for the year has been carried into a later year as 鈥楾ax Overpaid at the Start of Year鈥� |
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