The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Prepayments
Post Info TOPIC: Prepayments
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Prepayments
Permalink  

How do I deal with something that is paid for now for the next 3 years. It's smart security for our computers and it is only £70.77 net so would you bother putting it in the prepayments list that goes to the accountant?



__________________
Steve
VinceH


Expert

Status: Offline
Posts: 1811
Date:
Permalink  

I certainly wouldn't bother on a month by month basis - that's what, just under £2/month?

I probably wouldn't even worry about it at year end, and would just expense it now - but YMMV depending on the context; the size of the business in particular. The bigger they are, the more insignificant it is.

__________________

Vince M Hudd - Soft Rock Software

(I only came here looking for fellow apiarists...)
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink  

Hi Vince

Thanks for your reply.

It's only for the year end and to be fair it's a proportionately small amount.

What does YMMV mean by the way confuse



__________________
Steve
VinceH


Expert

Status: Offline
Posts: 1811
Date:
Permalink  

YMMV = "your mileage may vary" - it means that over time, you've built up a different set of experiences to me, which may influence your decisions and opinions in a different way that my experiences influence my decisions and opinions - i.e. just another way of saying "horses for courses."

__________________

Vince M Hudd - Soft Rock Software

(I only came here looking for fellow apiarists...)
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink  

biggrin Aaah I getcha.



__________________
Steve
Spamkebab


Expert

Status: Offline
Posts: 1536
Date:
Permalink  

You owe me a coffee Steve

__________________
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink  

Just say when Neil or we can keep batting it around year after year. To be fair though it would be nice to have a beverage with you if you fancy? Is there a PM function on here? confuse



__________________
Steve
Shamus


Forum Moderator & Expert

Status: Offline
Posts: 11981
Date:
Permalink  

Hi Steve,

click on your profile, click settings, around halfway down it has Email visible to other members.

Change that from your current "No, and don't accept email" to "No, and accept email anonymously"

Your profile then has the option to contact you but those contacting you will not know your email address until you reply to them. Similarly if you contact anyone they will not know your real email address until you reply to their reply.

I you want, PM me and I'll pass that to Neil to contact you directly.

Lol, I'm Shamus the matchmaker now.



__________________

Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink  

biggrin Ask him if he wants to go out with me, I don't want to in case he says no. blankstare



__________________
Steve
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Prepayments
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About