Paying yourself: from your business account to your personal account.

I work for an architectural firm as a self-employed person and invoice them monthly. The amount paid is deposited into my business account. Now I want to transfer part of it to my personal account as income for expenses that have nothing to do with my sole proprietor. I cannot draw up an invoice/receipt for […]

Do I have INVENTORY (yes/no)

Dear Sir/Madam,I do not purchase goods for resale. However, I do purchase machines and tools (sandpaper, etc.) with which I create goods. I have invested heavily here so that I will be set for the coming years. But I don’t think this counts as inventory because I don’t sell it? The wood I use to […]

How to record exchange rate differences?

Good day! This year, I invoiced income in a foreign currency, because that’s what was agreed with the customer. My sales invoice therefore neatly states the amount in the foreign currency and in euros, according to the daily exchange rate on the invoice date. Unfortunately, the amount that ends up in my bank account a […]

Entering daily receipts: total amount sufficient or to be split for sold products?

When entering my total daily receipts from more than £250, I received the next information:For each item sold with a unit price above £250, you must create a separate line in your daily receipts, stating the customer and description. Items with a unit price below €250 may be added together and entered on a single […]

Bookings training expenses with a subsidy via the SME portfolio

I am following a training course that is recognised for the SME portfolio.On their website, I can only find the information back on how to book this in double-entry bookkeeping with vAT and so on. https://www.vlaio.be/nl/subsidies-financiering/kmo-portefeuille/subsidies-aanvragen-en-received onHow do I book all this in simplified bookkeeping with vAT exemption?Specific details:Invoice amount for training: €2,662vAT paid directly […]

Social security contributions

Hello everyone,I just received an email saying that I forgot to pay my social security contribution. I was a bit taken aback. Is it normal that social security contributions are not included in the timeline in Dexter? Thanks in advance!Kind regards,Lowie Piro

two series of invoice numbers

Hi community, I have two series of invoice numbers: 1) invoices created in Dexxter, and 2) invoices that are automatically created in my webshop. I have given the webshop series an extra prefix so that the two series can be distinguished from each other. > Is this okay? (Is this ‘allowed’ by the tax authorities?)For […]

Submitting accounts

DearHow can I submit my accounts? Do I have to submit them or is it done automatic? I am a student entrepreneur and this is my first year. Kind regards,Wout Devlieger

Keeping track of packaging materials as inventory

Should packaging materials such as boxes, envelopes, stickers, etc. be included in the inventory? The explanation states ‘trade goods that will be sold again’, but it is not clear to me whether this is included. Thanks in advance!

Fuel

You can enter fuel receipts for your own private car for use in your secondary occupation in your expenses, right? That is, as a receipt and not the full 100%, of course. I don’t charge mileage allowance, but I solve it this way.