So I’ve got a few purchases which have been tagged in my PayPal Merchant account as general purchases.
They appear on my P&L under the correct nominal code etc however:
They do not appear under Purchase Management & therefore when I scan a receipt I cannot seem to attach that receipt to the purchase? Am I doing something wrong?
Also, is it possible to attach 2 purchases to a single receipt?
Thanks, David.
I am logging these as “something else not on this list” because they are generally small purchases from eBay for example and I don’t think of them as a supplier…
The “something not on the list” option does not create a purchase record at all, so there’s nothing to attach the receipt to. You should always tag purchases as “payment to a supplier”, you don’t need to put in full details for every supplier, all it really needs is the supplier’s name. Or you could even use a dummy supplier called something like “eBay purchases” for them all, as long as you keep the individual confirmation emails the taxman should be happy.
Generally ‘something else not on the list’ should be one of the last options. Creating a purchase invoice (even to a dummy supplier as suggested by @Ian_Roberts) is a better choice for record keeping. Just in case Mr Taxman asks
I have a few miscellaneous suppliers, could lump them all under one but a few general ‘misc materials’, misc tools’, ‘misc office supplies’ will suffice. Saves cluttering up the supplier records with loads of one off suppliers and makes it slightly easier to extract meaningful info later for reporting as well.
