Community

Enter invoice as both investment and regular purchase

MMJ
2023-10-17

Question

I have an invoice for a large amount of work equipment (pliers, drills, tools), but the same invoice also states other items that are not investments, such as cement/vending machines, etc. How should I enter this?

Can I enter the same invoice twice with other amounts, once as an investment so that I can write it off (the amount from the tools) and once for the amount of the regular materials?

That's how I would do it. Enter it twice and split the amounts.
I recently had an example where part of the invoice was VAT-free, and I had to enter those two parts separately so that the vAT amount would appear correctly.

Ask a question
Ask your question to the Dexxter community with over 27.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

START DATE

Advance invoices

Income from a grant

Reporting turnover?

difference between expenses and depreciation

Retroactive purchases as an investment

Can I write off an expensive training course? Over what term?

Can you link your prepaid card to a new business account?

Car purchased earlier, now starting to depreciate after 3 years

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter