Results 1 to 4 of 4

Thread: Tax Category - Software etc - Beginners question

  1. #1
    Junior Member
    Join Date
    Jul 2016
    Location
    South Africa
    Posts
    21
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Tax Category - Software etc - Beginners question

    Good Day,

    Our company purchased a Diesel Dispensing Unit to record the diesel usage for the Diesel Rebate.

    However I am a little confused as to what category the below should go into should the unit and the software be classified differently?
    There is also an annual fee for the software how would this be classified annually?

    Diesel dispenser complete starter unit
    Diesel housing: 450 x 450 x 270
    Diesel dispenser Hall effect sensor
    Dallas button identifier/reader
    USB cable type A to type B used for docking stations and button readers
    YELLOW DALLAS button with yellow fob
    SD Software: Diesel: Purchase (standalone version)

    Thank You for your assistance in advance

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,649
    Thanks
    3,305
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    I suggest the purchase of the Diesel Dispensing Unit and Software is a Capital Purchase - Block 14.

    The annual fee would be Standard Purchase - Block 15.

  3. #3
    Junior Member
    Join Date
    Jul 2016
    Location
    South Africa
    Posts
    21
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Quote Originally Posted by Dave A View Post
    I suggest the purchase of the Diesel Dispensing Unit and Software is a Capital Purchase - Block 14.

    The annual fee would be Standard Purchase - Block 15.
    Thank You Dave - Much Appreciated

  4. #4
    Junior Member
    Join Date
    Jan 2020
    Location
    Cape Town
    Posts
    22
    Thanks
    5
    Thanked 4 Times in 4 Posts
    Agree

Similar Threads

  1. Beginners Pastel question
    By laurencalefato in forum Accounting Forum
    Replies: 2
    Last Post: 03-Dec-20, 10:50 AM
  2. Replies: 0
    Last Post: 12-Jan-19, 08:23 AM
  3. [Question] Financial Category for loan accounts between two companies in pastel
    By SREED in forum Accounting Forum
    Replies: 0
    Last Post: 15-Nov-17, 10:10 AM
  4. Replies: 0
    Last Post: 08-Dec-09, 08:38 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •