Hi all,
I have received some credit card statements from a company director who has a Bank of Ireland € credit card and has been making transactions in Italy on a business trip - mostly hotels, motor expenses and subsistence (although it is almost impossible to distinguish between what is what).
I need to know what tax code to use for posting the credit card payments. They do not go via the creditor accounts, therefore I was going to use the T8 and T24 tax codes, but Sage does not appear to like it at all.
From what I have read in Sage's 'help' file, it wants me to use the T1 tax code.
Any ideas?