Hi i was wondering how to deal with a data backup service i have just subscribed to which i will be paying for monthly. would i be better posting it to the subscriptions nominal code when i receive the invoice monthly or is there another code to use for such things. i know this sounds a daft question but my mind has gone blank it must be the heat we are no used to it up here. Thanks
I tend to use subscriptions more for subscriptions to professional bodies ie ICB or whatever trade body you need to register with for your industry. For sundry computer expenses I have created a new code in the printing and stationery section of overheads, so in Sage that would be 75**, providing that the data backup is for your company data and not a service that is being provided and charged to customers, then it could become a cost of sale. Hope this help.
