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Post Info TOPIC: How do I input - milage allowance into sage 50
flogged_horse


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How do I input - milage allowance into sage 50
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Hi- please please guide me!!!!!

I'm sure their must be an obvious answer, but its got me beat - I am at a total loss!

Do we create a new supplier for each person? - pay them from the cash account?

What Tax code do we use? T1, T9, T-4-2? How do we get Sage to calculate the VAT?

Which nominal account do we use? - do we create a new one for each person?

Is their a magic button that I havent seen or sage are keeping from me because I have subscribed to the next tear of usefulness!!

Regards

Cameron



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RobRJBS


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Hi Cameron

I always enter mileage payments as cash payments to the P&L as motor or travel expenses so there is no need to setup a supplier for each employee.

With regards to VAT you can only claim this on the approved petrol element of the payment and you need to ensure you have the right paperwork in place. With regards to processing this it will be a standard VAT code, i.e. T1 but make sure you adjust the VAT figure to the correct amount you will have calculated.



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Rob Director R & J Business Solutions (www.rjbusinesssolutions.co.uk) @RobRJBS
Donna CBK


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Depends - I have used both methods. If money owed to staff I have sometimes opened up supplier as an expense so I am aware of amount still to be paid. T1 / dont forget to calculate only % of VAT claim.


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