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CHAPTER 5CENTRAL ACCOUNTING UNIT1) Fees on VAT Element of ISA Transactions In the past the Insolvency Service has been asked to justify charging fees on the VAT element of amounts paid into the Insolvency
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Central accounting unit is a centralized department within an organization that manages all financial transactions and reporting.
All businesses and organizations are required to file central accounting unit.
Central accounting unit can be filled out by providing accurate and detailed financial information about the organization.
The purpose of central accounting unit is to ensure transparency and accuracy in financial reporting.
Information such as income, expenses, assets, liabilities, and equity must be reported on central accounting unit.
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