Sage 50 Nominal Codes

Where to place software and IT support?

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We have a number of companies who's software we use and pay for on a regular basis, what nominal code would put that under?

Also, where would a company providing IT support (which is paid for monthly) be placed?

Thanks

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Elliott Chandler Picture
By elliottchandler
21st Sep 2016 18:38

Our accountant advise to put into 7200 series and ours is actually 7204.

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Routemaster image
By tom123
22nd Sep 2016 12:08

Depending on how you receive your invoices, you could also find you have prepayments for software licences etc.

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