Gratis Event arranged for kids

[EduCubeAS]

Hi,

Its a toy and hobby butikk. We arranged a free ( Gratis) Hobby workshop for kids and used painitngs masks and other things from the shop. The products used in the workshop, how do I enter these in accounting please.

Thank you

regards

Vijaya

[Anonymous · Accepted solution]

Hi

It is posted this way

Credit 3000 Sales Mind. commodities, taxable, high rate
Debit 7320 Advertising costs

Hvis du synes dette innlegget besvarte spørsmålet ditt med en god løsning, vennligst trykk "Godta" som løsning 🙂 Dette hjelper både oss og andre brukere i Community 🙂

Med vennlig hilsen
Visma Mamut AS
Jørn Karlsen

[EduCubeAS · Accepted solution]

tusen takk Jørn !

[EduCubeAS]

Hi,

coming back to the same topic, a query please

When I enter these as advertsisng costs, do I consider the final sale price of these products (ex- masks, paintings and so on) or I take the cost price (for which i bought them from supplier).

Thanks

[Anonymous]

Hi

To make a profit then, you should add all the costs you have. So you make a profit. This is a calculation. Then you may have price in the market you have to pay attention to.

Hvis du synes dette innlegget besvarte spørsmålet ditt med en god løsning, vennligst trykk "Godta" som løsning 🙂 Dette hjelper både oss og andre brukere i Community 🙂

Med vennlig hilsen
Visma Visma eAccounting AS
Jørn Karlsen

[EduCubeAS]

Apologies I dont think I explained it properly-

example-In the Gratis workshop event lets I used 1 pack Tusje

I bought the Tusj for -20 nok'

Sell price for Tusj in our shop is - 30 Nok'

now when i enter this 

Credit 3000 Sales Mind. commodities, taxable, high rate
Debit 7320 Advertising costs

do i enter 30 or 20 Nok ? as advertsing cost please

[Anonymous · Accepted solution]

Hi

This cost is taken out of the account where you made the purchase

Ex.
Credit 4000
Debit 7320

But the amount is entered without VAT and at their cost price NOK. 20

Hvis du synes dette innlegget besvarte spørsmålet ditt med en god løsning, vennligst trykk "Godta" som løsning 🙂 Dette hjelper både oss og andre brukere i Community 🙂

Med vennlig hilsen
Visma Visma eAccounting AS
Jørn Karlsen