Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Hello,
Something is unclear to me when I want to put an expense in a cost category. I see that you can adjust the percentage of professional use and/or the percentage of vAT deduction yourself via ‘actions’. For example: “light cargo general costs & maintenance” are currently both stated at 75%, but can you just adjust this yourself or how does it work? If anyone has a good article or an explanation for this, that would be great 🙂
Thanks in advance
Hello, these are standard percentages that are quite strict for some items (such as cars); see this website for more information - https://www.beroepskosten.be/all
You can adjust some percentages... e.g. internet and telephony...
if you have a large mobile phone subscription that is only for your business, the percentage will also change. It depends on how detailed you want to calculate it. Hello, you may adjust these. However, you must be able to justify this properly during an audit. For some cost categories, there are fixed percentages. For example, 69% for restaurant costs. Anything more than that will not be accepted. It will be difficult to justify more than 75% for your car, so I would not do that. Only if it is a light goods vehicle and you have other car for private use can you possibly increase this. I myself once discussed my cost categories with an accountant.Hello,
and how do you do that? Adjust the percentage?
Thank you for the useful information.
KR, when you upload an expense, you have to put it in a cost category and in this cost category, on the far right, you will see 'actions' where you can adjust this.
EXPENSES>Cost categories gives the list of standard settings that are automatically selected when selecting an expense category. Most of the values here have been correctly entered by Dexxter. You can add or edit categories here yourself. For some, this is not possible, in which case you will need to add your own category. I would not do this without first discussing it with an accountant, as they usually know what is acceptable.
Under EXPENSES>EXPENSES>4. Cost categories, you can change the percentages for each individual invoice, but I would advise against doing this too often.
Unless you have a good reason for doing so and mention this under 'Extra information', so that you know why you did it when it is checked.
The auditor works with the fixed values that he determines for those categories according to your activity.
For example, trade goods result in a 30% profit. If you do not achieve this, they will start searching there...
For your light freight, you will have to decide for yourself. I believe 75% is acceptable. Anything higher will require justification. For example, I work seven days a week and use my bicycle for all private transport, etc.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.
