Are you a new user who has purchased assets under amortization and would like to add them to Accountable?
In this article, we go through the steps in detail.
Here are the steps:
→ Encode the expense
First add the purchase invoice and then :
Specify the purchase date
Supplier name
Select the “Investment” category and then the corresponding sub-category.
Register the asset in the system (in the case of a vehicle)
Indicate the % of professional use
Indicate amortization period
Name the item
🚨 If you are subject to VAT, you must link the expense to the corresponding quarter, i.e., the VAT quarter in which this asset was declared. |
🚨🚨You must encode the expense on the purchase date shown on the invoice (and not on the day of encoding). |
→ The application will automatically calculate the deductible values for the current year.
You can access the information in your depreciation table:
Accountable applies linear amortization for the full year. |
If you have previously amortized an asset using the pro rata temporis straight-line method, please contact our team at support@accountable.eu.
→ The data will be accurately added to your tax returns for the year.
The deductible amount will be taken into account and added to your deductible business expenses:
