Claiming for previously bought business computer

Hi Annabel,

Thanks for joining us on the UK Community Page for QuickBooks Online.

While we can support you in many of your questions, this is one that you potentially need to speak to your accountant about; as it's less of a "how do i do it on QB?" question, and more of a "am i allowed to do this?" question.

HMRC may also be able to give you the answer to this question, if they say you can claim this back then we can tell you about the functions on QuickBooks to record this asset, and how to record the transaction.

We also have a number of Accountant Users and Community Hosts which may be able to give you some more information on the Business Compliance with HMRC side of things, I'll tag them below to get their attention for you.

@Jess W @EmilyMockett

Hi, @Annabel!

Welcome to the U.K QB Community!

It's great to have you here. I totally know the feeling of being new to the self-employment world. Things can be a little overwhelming and sometimes, very confusing! But know you're not alone in this. Also, no question is a silly question in the Community.

This might be useful to have a read of: -  https://www.gov.uk/vat-registration/purchases-made-before-registration

Thank you, also @EmilyMockett! You're great!

I beat you to it Jessica! 

Awesome job, @EmilyMockett! 

Hats off to the pair of you! #Winners

Thanks, @JamesC! 

Hi, @Annabel :)

I hope you had a good weekend!

I just wanted to check that you reached these comments and they provided some good insights for you? 

Hi Emily. I actually had the same question as Annabel, except I'm not VAT registered. I've recently gone self employed but purchased my computer a few months back. I joined Quickbooks Self Employed today and connected my bank account, found the transaction to Apple for my new computer back in July and marked it as 'other business expenses'. But reading your advise here should I manually enter this as a new transaction, attach the receipt and enter the date as the 5th October (the date I became self employed)? Thanks!

I appreciate you joining this thread, Handlez.

I want to make sure your concern is properly addressed. For Self-Employed, transactions you download from the bank or manually entered in the system must be categorised. You can check the categorise transactions in QuickBooks Self-Employed to learn more details about this.

Also, I would suggest reaching out to your accountant to ensure what would be the best course of action in dealing with this type of situation to avoid messing up your books. You can visit our Find an Accountant website to keep your books accurate and up-to-date.

I am also adding some links related to categorization and adding transactions in QBSE:

• Custom categories in QuickBooks Self-Employed.
• Manually add transactions in QuickBooks Self-Employed.
• Schedule C and expense categories in QuickBooks Self-Employed.

Keep me posted if you have any other related to categories in QBSE. I'm always here to help.