Expense Accounts

 

USER DEFINED EXPENSE ACCOUNTS ARE FOR THE SOLE PURPOSE OF RECORDING OVERHEAD EXPENSES ONLY AND NOT FOR PURCHASES FOR RESALE / COST OF SALE ITEMS.  ONCE USED THESE ACCOUNTS WILL BE CLASSIFIED UNDER "OVERHEAD / ADMINISTRATIVE EXPENSES"

THE PURPOSE OF THE "USER DEFINED EXPENSE" ACCOUNTS IS TO ALLOW THE USER TO RENAME AN EXPENSE ACCOUNT TO CUSTOMISE THE ACCOUNT HEADING TO CATER FOR A PARTICULAR TYPE OF EXPENSE INCURRED BY THE BUSINESS FOR WHICH AN EXISTING EXPENSE ACCOUNT DOES NOT EXIST.

 
 

SETUP > USER DEFINED INCOME / EXPENSES / DIRECTORS

 
 
Fixed Name                                                                                             
 
Click on the Fixed Name of one of the EXPENSE accounts which you wish to rename e.g. User Defined Expense #1.
 
 
Enter Preferred Name here                   
 
Within this box type the preferred name of the expense account to suit a particular type of overhead expense incurred.

The account will now show under the user determined preferred name on the accounts and all reports.

 
THERE ARE NO VAT RATES ATTACHED TO THESE ACCOUNTS. WHEN ENTERING TRANSACTIONS YOU WILL HAVE THE OPTION TO ASSIGN ONE OF THE STATUTORY VAT RATES TO THE INDIVIDUAL TRANSACTION IF REQUIRED.
 
 
 
  

Need help? Support is available at 01 8352074 or support@thesaurus.ie.

GeneralBureau Users OnlyCompany SetupCustomersSuppliersProductsOpening BalancesCustomising for your useSales EntrySales Invoice PrintingCustomer StatementsReceipts EntrySales Related ReportsBad DebtsPurchases EntryPayments EntryPurchases Related ReportsSupplier Remittance AdviceBank TransfersReconciling Bank AccountsCorrections and DeletingVAT ReturnsDirectors TransactionsSubcontractorsPrincipal ContractorsFixed AssetsReportsPetty Cash TransactionsLease RepaymentsHire Purchase RepaymentsDirectors Salary / RemunerationThesaurus Payroll JournalThird Party Payments / Form 46GJournal EntryAudit FileAccounts ProductionStock ControlArchive TransactionsBacking up your Company FilesRestoring a Back UpCSV ImportSchools Version