Where do I record my start-up costs?

Hi there, I’m brand new to QuickFile having just launched my own business as a sole trader.

Before I launched the business, I incurred quite a few costs paid for from my personal funds - not the business funds. These include items of stock, stationary and computer equipment. I have all the receipts.

However, I’m not sure where to record these costs within QuickFile. If anyone can help, I’d be most grateful. As I say, these are all from my personal money.

Thank you, Andie

PS Same question for going forward if, for whatever reason, I pay for something with my personal money, but it’s 100% for the business.

Here’s a bit of info on dealing with your start-up costs…

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Great stuff. Thanks, Alan, I’ll have a read.

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