Hi.
Iām not sure what N/C to use for the consumables used in production (oil, clean.products to clean the machines etc).
My guess is to use 6xxx (a necessary expense to maintain the machines that make products) or perhaps you think itās purchase materials 5Xxx or general overheads 7/8xxx?
Thank you in advance!
Hi
So hows about an intro before we start. We always ask newbies!
Usual stuff - what prof body do you belong to, do you work for yourself or in a practice/ firm, are you a bookkeeper or accountant, what qualifications, how long in role, where up to in your studies-what exams passed/with what body/in midst of doing, where based, what you did before this role? That sort of thing. Helps get to know you but also how best to pitch answers.
Can you pop your first name so that it appears in the signature bar please n your posts? Saves everyone looking it up each time!! (Edit profile --->signatures)
I would say this isnt really a sage question, but a chart of accounts is it or isnt it COS question, so to elicit more responses for any future posts, unless it is actually sage specific I would suggest it might be worth keeping the 'sage' bit out of it as many dont use sage so will not even open the question.
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
