Hi. When entering bills for software packages bought by the business, What category do you recommend?There is no category for software and computer equipment is no use as it is depreciated over time and software does not (or so I am informed). Thanks.

Hi. When entering bills for software packages bought by the business, What category do you recommend?There is no category for software and computer equipment is no use as it is depreciated over time and software does not (or so I am informed). Thanks.

1 answer

Peter Connor Staff February 10, 2017
Public

Hi, it can go into anything like ‘office equipment’, ‘computer equipment’, ‘telephone and internet’, it really doesn’t matter.

#answer-4759
  1. It can't go under computer equipment for the reason previously stated! So just to restate I just need to confirm a category that is not depreciated e.g. general expenses or miscellaneous or whatever. Thanks.
  2. Peter Connor February 10, 2017
    Sure, they're not.
  3. Cheers.
  4. Peter Connor February 10, 2017
    the amounts small business deal with has no real baring to revenue. Those rules etc are designed more for large companies spending millions. Hope that helps.
  5. Must keep the accountant happy...
  6. Peter Connor February 10, 2017
    Okay

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