Peppol deadline: 01-01-2026
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Peppol deadline: 01-01-2026
00

Avoid fines

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Expenses on other account

LS
04/10/2022
Question

How can you record expenses in your accounts in a good way when you have purchased materials before you had your business account? I purchased the materials with my private account (other bank from my business account) so that I would have the materials for my business on time, but my business account was only opened later. The materials are also only used in my business.

Do I simply make an expense transfer from my business account to my private account with the corresponding amount? And do I note this in the additional description, or what is the best way to solve this?

View the learning center ;)

Search for 'bank account' and you will find that it does not matter much. I must say that the course in the learning center is also highly recommended. I think – but I am no longer 100% sure – that this is also mentioned there. So it doesn't really matter for a sole proprietor. You have your documents (sales invoices, purchase invoices, etc.) and you continue from there. The bank transactions don't really matter, except for your own overview.

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

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