As I understand client entertainment expenses such as inviting a client for dinner is a business expense in Ireland but not a tax expense. So the
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… So the company has to pay corporation tax on the expense at the end of the year.
How do I put that in Bullet? I entered the bill as a General Expense without VAT. Then added a manual Journal entry from ‘General Expense’ to ‘Other Revenue’. Is that correct or is there a better way?
Thanks for your help and your great service!