Question asked by Tim De Glanville 9 years ago
This may be a simple one but I have a van solely used for the business, I have been told I can simply input the whole receipt against the business.
My problem is not knowing which 'account' to allocate the transaction to as the only relevant one I can see is 'Mileage', should I use this or set up a new one called 'Fuel'?
PS: The mileage account is the default account where mileage claims go (using the mileage calculator under Purchases>Expenses). A typical situation would be where someone uses a van most of time and puts all the costs through the books but uses their car say to visit sites to give quotes and claims 45p per mile from the business for doing so.
Best answerThank you once again Paul.
I have historically used a book keeper and had zero or near to zero input, however I now want to see if I can use CB to track expenditure against a pre-determined budget on a particular project.
Historically i have been doing this via a complicated spreadsheet I knocked up years ago, but all it means now is that I am inputting info into two different systems, so I have bitten the bullet and having to learn on the go; best thing is that I am learning so much I feel I will be onto of accounts and financial position of any given project at the same time.
Thank you very much for your assistance to-date.
Hi again Tim
Yes, CB comes with a set of standard codes but every business is different and so you should set up a new code (with a Travel type).
Some people have one "Motor Expenses" account to record fuel, repairs, insurance etc, others have separate accounts for each, entirely up to you.
You must 