If Withdrawals in profitability forecast staff costs?
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are set to private withdrawals when creating a profitability forecast as personnel costs?
Answer:
Withdrawals and private deposits are money flows between the private and the capital account of a company (usually sole proprietorships, not corporations)
comes before it that the individual entrepreneurs regularly a certain amount as a salary or wage, dissipates. Accounting purposes it is, however, no salary, it's just the anticipation of (cash) to a forthcoming earnings. The sole trader receives its income from profits and not as a hired employee has a salary booking (this would be staff costs).
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