Ok maybe a daft question, so here goes
but when accounting does sublimation ink still go into office and stationary -ink like normal printer ink, or do you put it somewhere else.
Ok maybe a daft question, so here goes
but when accounting does sublimation ink still go into office and stationary -ink like normal printer ink, or do you put it somewhere else.
I think it should go down as a cost of sales, the same as the paper, mug etc.
Andy
we put it under materials, along with everything else used in the process of making a saleable product/good
I put it down as consumables
you should account for it as a variable cost(cost of sale/consumables), were as running your office is a fixed cost
Sales minus cost of sales = gross profit, less fixed costs = net profit
1 Hour T-shirt printing shop in Newcastle upon Tyne.
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Logobear t-shirt print and embroidery. 74 Clayton Street. Newcastle. NE1 5PG. UK
I don't think its a daft question, its always worth asking, esp when book keeping is concerned. I put mine into materials/consumables the same as other products i buy to sell ie mugs & t shirts
[h=A dictionary is the only place where success comes before work]5[/h]Laura
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Thank you all, consumables it is then
We have a code set up on Sage for computer consumables which covers ink, tonor etc. :)
Otherwise paper, t-shirts, panels, mugs or whatever are raw materials or piece parts.
Print, or computer, consumables here too!