Professional Services
Non-Billable Staff Training & CPD
Recording CPD courses, exam fees, and technical training that cannot be recharged to clients.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Staff Training & CPD Expense | Expense (+) | 1,200.00 | - |
| Cash / Bank | Asset (−) | - | 1,200.00 |
💡 Accountant's Note
Continuing Professional Development (CPD) is a mandatory requirement for licensed professionals (lawyers, auditors, engineers). It is expensed as incurred and cannot be capitalized. It is classified as an overhead reducing the firm's net margin.
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