Forum Message

Mobile Phone Bill

Hi
I know I am doing this all wrong but I am no accountant.
My annual mobile phone bill (£240) is allowable according to my accountant but unfortunately it is not paid for out of the business. How should I record it in Solar?
Hope that makes sense
Thanks
Kevin

PS will be buying the software when the trial runs out :-)


Posted by Kevin Thornicroft on May 7, 2012 6:57 PM BST

Hi Kevin,

If you are self-employed (not a limited company) and pay for expenses from your personal funds then set the Paid From Account in the Money Paid Out window to 'Owners Drawings and Personal Use'.

Regards


Posted by Mark McLaren (Solar Accounts) on May 8, 2012 10:42 AM BST