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Quick question - Mobile phone Insurance - Nominal code?

EMPGEMPG Settling In NicelyRegistered Posts: 20

Where do you charge the insurance for mobile phones?

I have put this in "management charges", I decided not to charge it to "company Insurance" nor "phone".

What are your thoughts?



  • T.C.T.C. Experienced Mentor Registered, Tutor Posts: 1,448
    Why not simply 'insurance - other'.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    It's insurance. So I'd code it to general insurance.
  • EMPGEMPG Settling In Nicely Registered Posts: 20
    Thanks both, you are correct, I think I was trying to make it too compliacted - I have charged it to "company insurance".

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