What nominal on Sage?

messedup89messedup89 Experienced MentorRegistered Posts: 1,281
What nominal what you code a 'symbol battery Li-Ion' to on Sage?

Several have been ordered and the value is over £500

It inclues £12 for delivery aswell and then there's a credit note for the freight delivery?


  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,069
    Over £500 each or the several come to over £500?

    If the former, stick them in plant and machinery (00**) along with the delivery less the credit.

    If the latter and each individual item comes under your capitalisation limit then put in the most relevant expense. You don't say what the batteries are for, so I don't know whether expensed equipment, direct consumables or office supplies would be more appropriate.
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