Light goods vehicle rental

I once received this answer from Support about this, hopefully it helps.

Good luck!

Hello Dennis,

A financial lease is currently somewhat more difficult to enter in Dexxter.

If it is a financial lease, you can simply create the investment via expenses > depreciations > "new historical depreciation" (the blue button at the top right). There you can enter the investment, without vAT impact, just so that the depreciations start running on the purchased light goods vehicle. This way, the costs will be entered in the accounts and correctly included in your personal income tax.

Then, of course, you will want to recover the VAT on those monthly invoices. You can enter this as an expense each time, for example in the cost category 'light cargo rental'. This way, you will recover the VAT on those purchase invoices.

So far, so good, that's all part of the process. But this means that the cost will be entered twice in the accounts, once via the investment that is being depreciated and once via the monthly invoices. You can solve this by entering the same monthly invoice again, but this time as a credit note and unchecking the box 'include in vAT declaration' (you can indicate this when entering the invoice). This is actually just a credit note to neutralise the same cost from the previously entered invoice. Here, this credit note has no vAT impact, it simply eliminates the cost. This is because the costs of the car will be entered in your accounts via the investment and associated depreciations. So: First step: create credit note. Second step: enter monthly invoices to recover the vAT.