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Personal use of goods from your business

IM
16/09/2024
Question

How do you record items that you sell but do not sell, but use yourself for personal use, such as drinks, textiles, etc.?

Hi,

You will have to sell these to yourself as a private person. So, create an invoice to a private person and then take it yourself. A payment to yourself is not necessary, but this is how you record it correctly in your accounts.

Regards, Ad.

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