RE: Sales Tax Payable accrual

Please get together and make sure that the deferred taxes are moved to the correct entities, reflecting where the reserves are.

Patty

-----Original Message-----
From: Hunter, Todd
Sent: Friday, October 12, 2001 5:41 PM
To: Lee, Patricia A.
Cc: Ray, Sara; Richards, Todd; Seelig, Sally; Husser, Shanna; Fischer, Mary
Subject: RE: Sales Tax Payable accrual

Patty, The $20 MM Sales Tax Accrual was originally recorded to 986, acct 30113000. We transferred $5 MM in January 2001 for the PX Credit Reserve. This month (Sept 2001) we moved $10 MM from this acct to the Bonus Accrual on 985. I don't know the status of the remaining $4.5 MM left in the Taxes Payable -Other acct.

Todd

From: Patricia A Lee/ENRON@enronXgate on 10/10/2001 06:49 PM
To: Sara Ray/HOU/EES@EES, Todd Hunter/HOU/EES@EES
cc: Todd Richards/ENRON@enronXgate, Sally Seelig/HOU/EES@EES, Shanna Husser/ENRON@enronXgate, Mary Fischer/ENRON@enronXgate
Subject: RE: Sales Tax Payable accrual

I think we have found the account - but it looks like this has been transferred to 985 from 986. Can you provide us with the entries for both companies and let me know when you plan on taking this to the income statement - if you plan on doing this?

Thanks,

Patty

-----Original Message-----
From: Ray, Sara
Sent: Wednesday, October 10, 2001 6:08 PM
To: Hunter, Todd
Cc: Lee, Patricia A.
Subject: Sales Tax Payable accrual

Todd,
Can you please provide Patty with the company and account number where the yearend sales tax accrual is recorded. They are going to start making payments against the accrual. Is the balance still at the original $15MM?