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website design costs

JR
2022-08-19

Question

Hello everyone, I started my business on 01/07/2022 and had a website designed. The invoice includes the costs of website design, hosting for 1 year, logo design and business cards. My question is: how can I process this invoice correctly for accounting purposes? Can you consider this as intangible fixed assets and can you therefore depreciate them? If so, what type of cost should I use? Or can I book the invoice in full under the cost type ‘start-up costs’?

Thanks in advance for your feedback.

Regards

Jeroen

I would say it depends on the price. I would definitely book the hosting, logo and business cards as expenses straight away, as well as anything related to advertising & marketing... That kind of expense, at least.

For the website, view expense if it cost you.

If it was over 1,000 euros excluding vAT, I think it's best to depreciate it (my opinion). Just enter it under expenses, select 'investment' as the cost category and enter it ;)

The total invoice was +/- 950 euros including vAT, of which 450 euros excluding vAT was for website design. I should be able to book this invoice under different cost types, but i don't know if this is possible? What would you do with the cost price of the website from €450 excluding vAT or with the entire invoice including hosting costs, business cards and logo design? Which cost type should I use to enter this? Under start-up costs? Be sure to view the video about types and the one about cost categories. There's not much difference between start-up costs and marketing, you know ;;) So you upload the entire document, book it under "software & computing costs" and enter the price of the website only, €450. Then you upload it again, but book it under "marketing & advertising of all kinds", together with the price of the business cards and/or logo design. That's how I would do it :)

You can subdivide it as often as you like, but you must of course ensure that the sum of all amounts entered (and vAT) corresponds to the total amount of the invoice ;)

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