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Expense category for Product Research?
My company specialises in Museum software. For product research I attend many museums and rent interactive handsets. What category can I expense that under? Can I create custom expense category?
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Inappropriate?Hi Olga,
Right now you can't create custom categories, although it's something we do plan to add support for.
Regarding the category for renting handsets, I would recommend you use Sundries
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Thank you Olly, I hope you will add custom categories soon.
It seams like several types of my business expenses will have to go in Sundries. -
Inappropriate?Sundries tends to be an emotive issue with HMRC - the higher it is the more likely HMRC will want a breakdown. They think taxpayers are hiding non-allowable expenses in it!
I would use Cost of Sales/Cost of Sales with a description.
I’m happy even though my holiday in spain ended yesterday!
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