Re: What categories do these expenses fall into ?



On 10 Jun, 21:06, d...@xxxxxxxxxxxxx wrote:
I am trying to do the Schedule to the Profit And Loss Account, I have
the following expenses but I am unsure what category they go into.

Paypal Transaction Costs
Software Licensing Costs
Web Hosting
NIC Domain Registration

I thought possibly Software Licensing Costs, Web Hosting and NIC
Domain Registration could go into Computer Costs, and Paypal
Transaction Costs into Bank Charges, although it isn't a bank, am I
right?

thankyou Patrick

If that seems sensible to you then it is correct. Other people might
want PayPal charges shown as a direct cost and post them to Cost of
Sales.

.



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