Community

Yearly membership that continues into 2025: how do I enter this?

EDW
2024-02-18

Question

Hello,

A membership that runs from, for example, February 2024 up to and including January 2025: how do I enter this? Should I enter everything in one go in February 2024, including the vAT refund? Or should I enter 11 months in 2024 and later enter 1 month in 2025 + the same for the vAT?

Thanks in advance.

Els

Splitting it up according to the financial year is indeed the most correct approach. For small expenses, I would dare to put it in one financial year. Otherwise, for insurance, these are larger amounts and it could be difficult to check. I believe you can already enter vAT in the year you pay the invoice.

Thank you! :-)

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

Office furnishings

Closing a business as a non-vAT payer (sole proprietor: self-employed in secondary occupation with VAT exemption)

Advance payment if you expect to make a loss in your first year as a self-employed person in a secondary occupation.

Invoice paid, but vAT not

Document for a loan

Creating a company after cessation

Searching for an accountant for occasional advice (paid by the hour/day)

reverse charge from heffing

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