Quinsavel is eliminating its regional management layer; the constructive obligation exists at 31 December. Estimated costs: compensation of the managers made redundant 610,000; exit from the service contracts of the closed regional offices 75,000; training of continuing managers in the new organisation 48,000. Record the provision entry.
- Compensation of managers made redundant
- 610,000
- Exit costs of service contracts
- 75,000
- Training of continuing managers
- 48,000