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FormerMember

Correct Account Allocations / Usage of Subscriptions and Dues

Posted By FormerMember

Hi there

We are a services business the marketing space with a podcast. We therefore have a lot of subscriptions related to content distribution. I am not sure whether these should fall under Dues and Subscriptions, Computer and Internet, or Marketing???

Very confusing.

Please help.

Thanks in advance 

  • 0

    Good day,

    I would suggest that you consult with a Certified Sage Accounting Adviser with regards to the recognition and measurement of these services.

    Usually, in Sage Accounting, services can be created as Items (for sales and cost of sales); or

    By creating an account where you would be able to select the financial category yourself.

    Please click here for a list of Certified Advisers.

    For more details on Items please click here.

    For more details on accounts please click here.

    Kind Regards

  • 0

    Hi Alexis, just trying to understand what you need before I give an answer. For the subscriptions - are you wanting to invoice customers for subscriptions, or, are you wanting to pay suppliers for subscriptions? Let me know, I probably won't have the textbook answer but I can tell you what we do. 

*Community Hub is the new name for Sage City