accounting - sublimation ink

[viccar]

Ok maybe a daft question, so here goes

but when accounting does sublimation ink still go into office and stationary -ink like normal printer ink, or do you put it somewhere else.

[Smitha]

I think it should go down as a cost of sales, the same as the paper, mug etc.

Andy

[pisquee]

we put it under materials, along with everything else used in the process of making a saleable product/good

[James990]

I put it down as consumables

[logobear]

you should account for it as a variable cost(cost of sale/consumables), were as running your office is a fixed cost
Sales minus cost of sales = gross profit, less fixed costs = net profit

[mrs maggot]

I don't think its a daft question, its always worth asking, esp when book keeping is concerned. I put mine into materials/consumables the same as other products i buy to sell ie mugs & t shirts

[viccar]

Thank you all, consumables it is then

[smo]

We have a code set up on Sage for computer consumables which covers ink, tonor etc.

Otherwise paper, t-shirts, panels, mugs or whatever are raw materials or piece parts.

[John G]

Print, or computer, consumables here too!