Personal Protective Equipment - which account type should it be inputed under?

Question asked by Olaya de la Iglesia 5 years ago

I am at a loss here. I have tried to create and account code but still asks me for an account type to put it under and I cannot find anything that resembles what we need. We are talking about uniform, steel toe caps, fire extinguisher, face masks, etc... Do they count as materials since they get 'used' and need replacing eventually? Do they count as assets? Any clarification of this would be much appreciated.

1 Reply

Hi Olaya,

It's probably best to ask your accountant about this - however materials should be fine. Do you treat these items as stock?

Reply to this question

Attach images by dragging and dropping or upload
 

Your comments will be public and can be answered by anyone in the Clear Books community.

Find out what we do and who we are