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April 3, 2019
Question

How to categorise transactions

  • April 3, 2019
  • 1 reply
  • 0 views

Most of my work is property maintenance. What transaction category do I log vat receipts under for the materials I buy for jobs? Eg a tin of paint, a door, a bag of tile adhesive etc? 

1 reply

Level 10
April 9, 2019

Hi Dan74

 

You could enter the transactions under Office supplies/equipment or Other business expenses.

 

We are not trained accountants and therefore we are unable to give you specific advise and we ask you to qualify our replies with an accountant.