Under what heading do I enter Drawings. When entering a payment eg. Diesel, do I enter the amount less the VAT or including VAT. My login for Bullet will not work for the form.

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Under what heading do I enter Drawings. When entering a payment eg. Diesel, do I enter the amount less the VAT or including VAT. My login for Bullet will not work for the form.

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Peter Connor ⋅ Staff October 7, 2016
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Hi, 
Here is how you enter drawings.
I’m not sure what the accounting rules are around Diesel, we’re not accountant and can’t give advice I’m afraid. But I know a Sole Trader can claim petrol expenses but only as a tax deduction not a money back in your pocket. You’re accountant will have a better idea. 
Here is an FAQ on Sole Traders. You can also find information on our community site. http://www.bullethq.com/community/
Let me know what you mean by ‘My login for Bullet will not work for the form.’, it’s not clear what form you’re talking about
Thanks Pete

#answer-4155
  1. applewoodf October 7, 2016
    Hi Peter,
    When I am entering an expense do I enter the full amount including VAT or the net amount.
  2. Peter Connor October 7, 2016
    Hi. Always the full amount
    Thanks Pete

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