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.
Dear Sir/Madam,
I purchased a tool from around €150. Of course, it is intended to last longer than a year, but given the price, I have a question: should I book this as an investment or can it be booked elsewhere? If it can be booked elsewhere, where should I put it?
Thank you in advance.
Kind regards
I found the next back in the article about investments:
There is no legal requirement specifying when a purchase should be classified as an 'investment'.
A good indication of an investment is a purchase value of €250 per item, but this figure is only an indication.The tax authorities are tolerant when it comes to small purchases: a €20 hole punch that might last 10 years does not need to be considered an investment! Although you could, of course, if you wanted to. Recording a small-value purchase as an investment will never be a problem.So you can write this off, but I would rather go for the cost category 'Small purchases of all kinds (stationery, paper, keyboard, etc.)' here.
I had read the article, but I was still unsure. I will indeed put this under small purchases. Thank you!
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.
