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beckyboo


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What nominal code???
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HI Everyone,

 

Does anyone know how i should post a payment to the DVLA for a tax disc onto sage line 50? Im not sure what nominal code to use or t-code? Would i post it through bank and then receipt?

 

I hope someone can help no

 

Thanks

Becky.



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numbnumber


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I would post as a bank payment and code it to 7302 Vehicle Licence

Roz

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Roz
beckyboo


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Thank you Roz!! What t-code should i use? Thanks : )

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Peasie


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T2 - exempt from VAT

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beckyboo


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Thank you so much Peasie : )

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ADAS


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Peasie wrote:

T2 - exempt from VAT

 

I would have said T9 -  statutory charge and therefore outside the scope but maybe I'm wrong no



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Tony

Responses are intended as outline only. Formal advice should be sort from your Institutes Technical Department or a suitably qualified Accountant.
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Peasie


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I took it from a a step by step guide to Sage from Integra Accounting Limited. http://www.integra-accounting.co.uk/IAL%20Sage%20Manual%20V%2012.pdf

Problem with things on the internet - I took this as gospel and passed the info on.



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Wella


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Taken from HMRC website section for motor dealers (so hopefully they know, maybesmile)

Selling statutory items like road tax and registration fees

Sometimes things like road tax and registration fees can be treated as disbursements. Disbursements are expenses that you pass on to your customer. They're outside the scope of VAT so you don't charge VAT on them when you invoice your customer.

Bill



-- Edited by Wella on Wednesday 29th of June 2011 08:44:29 AM

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