American Express & SAGE

[Karl B.]

I am thinking of getting a Business American Express Platinum card for the Lounge use and worldwide travel benefits including insurance.

How would I detail the use of this card for the business in SAGE, does it treat AMEX as another bank? of is it shown differently.?

 

[Scalloway]

Credit cards are treated as another bank account. Expenditure on the card as coded as normal. Payments to pay off the balance are done as bank transfers.

 

[Karl B.]

Credit cards are treated as another bank account. Expenditure on the card as coded as normal. Payments to pay off the balance are done as bank transfers.

Great many thanks, do you know how the membership fee is coded?

 

[Scalloway]

You could put it to subscriptions.

 

[GLAbusiness]

I put it to bank charges.

 

[MyAccountantOnline]

I put it to bank charges.

I would too.