The EOS monthly provision impacts the GL!!!

[alruwaished]

The end of service monthly provision impacts the GL as follows:

Dr. End of Service Expense Account Monthly provision amount
Cr. End of Service Provision Account Monthly provision amount

At time of settlement of the end of service, the accounting treatment is as follows:

Dr. End of Service Provision Account Full accrued end of service amount
Cr. Staff Salary Payable end of service amount
Cr. Miscellaneous Income Non-payable part of end of service
amount