Community

Passed-on costs

WB
2023-12-10

Question

Hello everyone,

I am a solicitor and work for a law firm. Certain costs specific to my business are paid by the firm, including bar association fees and suchlike. I pay these costs first and then invoice the firm for them.

My invoice to the firm then amounts to my invoiced services + the passed-on costs.

My question: should I book the full invoice amount (invoiced services + passed-on costs) as revenue and then book the passed-on costs incurred as expenses? Or should this be booked in an other way?

Thanks in advance!

As a self-employed person, you decide which expenses you pass on directly to your customer. This is usually included in your hourly rate.

Purchase invoices (all expenses you incur for professional purposes) -> Dexxter Expenses

Sales invoices (hourly rate, expenses, materials, travel) -> Dexxter Sales Invoices

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

Paid with a voucher

Donation

gift voucher

vAT flat-rate cost of dinner (12 and 21%)

Glasses web design

Enter amount of daily receipts

Am I required to state that I am not subject to VAT?

Psychotherapist – recording daily receipts

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