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Post Info TOPIC: Sage Nom Code For Waste Disposal
Suffolker


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Sage Nom Code For Waste Disposal
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A builder pays to dispose of a customers waste, this amount is then charged back to the customer in his invoice.  Would the waste bill be coded to the 7800's?

Many thanks



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Balance


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We would treat it as a cost of sale, and therefore would give it it's own code in the 5000's.

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Suffolker


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Ah right thanks, didn't think it sounded right. Just realised if a skip is hired is that classed as equipment hire or waste disposal?



-- Edited by Suffolker on Friday 15th of July 2011 02:22:43 PM

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Marky65


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Hi Suffolker

If this is the skip that was used to hold the waste that the disposal of was charged by your client then I would post this to the 5000's again as a cost of sale, as I see it a cost incurred in carry out this whole job.

Regards

Mark


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M & G Associates

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ADAS


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Personally I treat site clearance / waste removal as a Direct Expense, rather than a Cost of Sale, in the 6000 range. Basically because it's not intrinsically part of what's being sold. But I can see why others treat this as a Cos.



-- Edited by ADAS on Friday 15th of July 2011 06:33:43 PM

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Tony

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semsley


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I agree with Tony 6000s in Sage as a direct cost.

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