7010
SSP Reclaimed
OverheadsThis records Statutory Sick Pay reclaimed back from HMRC, which reduces the overall cost of wages rather than adding to it. It normally carries a credit balance — the opposite of a typical overheads account.
Other codes in Overheads
| 7009 | Adjustments |
| 7011 | SMP Reclaimed |
| 7008 | Recruitment Expenses |
| 7012 | Employers N.I. (Directors) |
| 7007 | Employers Pensions |