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Post Info TOPIC: Nominal Codes
Rhianrach


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Nominal Codes
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Whats the value of the ipad? I'm assuming it's purely for business purposes. Are you using sage? If so then I've put staff christmas party it in the 7800's before now, making sure I didn't go over the limit allowed. If your ipad is worth a few bob then you can capitalise it (00xx),  computer equipment.



-- Edited by Rhianrach on Friday 23rd of March 2012 09:06:52 PM

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Steve
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I am in the process of completing my next vat return.....  Could anyone advise me on the following nominal codes;

Ipad purchase

Staff Christmas party

 

Thanks

Claire



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C Wright
whk


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Hi, thanks for the answers....

 

The Ipad was £585 and strictly for business (don't have anytime to play games!), I have posted it to 0030, I had a guess?

 

I have set a new nominal at 7408 in entertainment?

What do you think?

Thanks



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C Wright
Rhianrach


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Looks good to me, just remember to read up on the rulings for staff parties and I reckon your good to go.

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Steve
whk


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Thanks, I am sure we will speak soon......


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C Wright
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