[Clive McDonald]

Because of the snow i'm doing some wc books.It's year three for me so i should know by now but what would you say are the expense catergories?

I'm not asking can i claim for a phone or office but what you think the broad headings should be, or what five or six broad headings you use?

[Gleaming windows]

1) Logo Design

2) Self-winding wheel

3) Crawling to the Fed

Yes? No?

[DaveG]

materials/ equipment

vehicle costs

fuel

miscellaneous

Thats all i use mate, although fuel could go under vehicle costs if you like

[DaveG]

1) Logo Design

2) Self-winding wheel

3) Crawling to the Fed

Yes? No?

Plus the above!!

[Clive McDonald]

says the uploader is full

[Clive McDonald]

I've emailed the logo, but i never claimed it was anything special.

[Moderator David@stives]

I use at least 10

postage
motor
stationary/pc
equipment
office
wages
sub contractors
telephone
insurance
advertising
travelling
accountancy
training/ subscription
bad debts
clothing/laundry

FINANCE COSTS
bank charges
loan interest

[Gleaming windows]

I've emailed the logo, but i never claimed it was anything special.

I thought you said it was the fastest reeling logo in England, no! wait....didnt you say it was the best van interior logo in England? Oh, I dont know..........what was it about your logo Clive 

[DaveG]

I use at least 10

postage
motor
stationary/pc
equipment
office
wages
sub contractors
telephone
insurance
advertising
travelling
accountancy
training/ subscription
bad debts
clothing/laundry

FINANCE COSTS
bank charges
loan interest

I used to have a lot of headings, but a lot of the above expenses now go under "misc"  ie insurance and stationery ( bearing in mind Dave@st ives probably spends a lot more on stationery and insurance than i do!!)

[Gleaming windows]

I use at least 10

postage
motor
stationary/pc
equipment
office
wages
sub contractors
telephone
insurance
advertising
travelling
accountancy
training/ subscription
bad debts
clothing/laundry

FINANCE COSTS
bank charges
loan interest

Dave you tot up all the PayPal charges for recieving payment?

Im sure I should and they probably come to a nice tidy little sum, its just ANOTHER thing to have to do though isnt it.

[Moderator David@stives]

Matt

I forgot about Paypal, only just started taking payment that way, thanks for the remind

[wizard]

It is not good to make less accounts on your books e.g. Fuel, vehicle and maintenance These account should be separate as the tax man would have a guide  budget for each one and you will not raise questions if account are to large amount .This will create suspicion and  could be looked into. The same as office equipment, consumables and stationary. Keep these types of accounts separate.