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Post Info TOPIC: Sole Trader and Home Office Allowance in P & L
Lee Daniel


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Sole Trader and Home Office Allowance in P & L
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Hi, If you are a Sole Trader can you make an adjustment in your accounts to charge an amount in your P & L for the use off an office in your own home, If so what would the journal be on Sage ( No monies would actually be paid ) as always any help would be appreciated.

Regards

Lee 



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Shamus


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Hi Lee,

from a general bookkeeping rather than Sage perspective I handle the double entry for use of home as heat and light and the DLA.

HTH,

Shaun.

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Shaun

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Peasie


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As a sole trader I'd do
DR Use of home as office
CR Capital introduced

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