Motor Expenses - % method

[QFMathew]

Hi @PaulD

Am I correct in thinking you’re a sole trader?

If that is the case, you would just account for the business aspect of this. There are a few topics on this which I’ve found, which may be helpful:

Sole Trader - splitting purchases for personal/business expenses

Hi, just getting to grips with the software and was wondering about the best way to go around splitting petrol receipts, car costs, rent and other purchases that are split between personal and business use. I’ve read some similar posts but haven’t found a good solution yet. I’ve tried modifying a purchase with a discount but this results in me being in ‘credit’ to the supplier, which I’m sure will mess the books up. Imputing the data already discounted (i.e. not the actual amount on the receipt …

Receipts with Business & Personal expenses, splitting the payment

I have an accounting question, I have some receipts which have business expenses on them but also personal ones. I am currently importing my bank statements and deleting any personal expenses (I’m a sole trader) but I’m not sure what to do with the transactions that comprise of the above. I usually scan in my receipts and store these too. Thanks Chiara

Please let us know if we can help further.