Jump to content


Accounting for startup costs prior to financial year


adridude
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4741 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi,

 

I've just started up a limited company 1st April 2011, and have incurred a load of startup costs (with VAT receipts ofcourse), but am unsure how to account for them in the books.

 

At the moment, I'm using Sage Line 50, Tax year April 2011 - March 2012.

 

A few of the purchases are receipted in March 2011. Reason being I paid out for these out of my own pocket and will put them against the loan account.

 

Question is:

 

Can I just put the recepit entry (payment) in as 1 April 2011 and put a comment (pre-startup costs)?

 

I tried to call the HMRC but ended up with someone who told me "do it how you want" which wasn't informative enough?!

 

Anyway, some help here would be superb.

 

Thanks

 

Adridude :)

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...