Just a couple of questios I wondered if anyone could help with:
How would I post any business mileage payments onto Sage for a sole trader. I know that is paid at 40p/m but wasn't sure how to post this onto Sage.
Also the same goes for how I post for any allowance towards elec/gas for a sole trader operating from home. I know the allowance is £3p/w but again not sure how to post this onto Sage.
I would post these as a journal. Debit motor expenses and credit funds introduced. For use of home as office you may need to set up a new nominal account. Then debit this account and credit funds introduced.