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Accounting Query
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Post a project like this2957
£10(approx. $13)
- Posted:
- Proposals: 4
- Remote
- #1164502
- Awarded
Description
Experience Level: Expert
General information for the business: Manufacturing Business
Kind of support: Balance Sheet, P&L
Accounting software: Sage
Description of support work: Hi. i just need some advice. Our company currently lease our company cars from a leasing company. Therefore they do not appear on our balance sheet and we just pay a fee. My boss (a director) is however wanting to purchase his car. He is wanting to know whether it would be financially better for him to sell the car back to the company or not. Selling the car back would obviously mean, it becomes a company car benefit.
Extra notes:
Kind of support: Balance Sheet, P&L
Accounting software: Sage
Description of support work: Hi. i just need some advice. Our company currently lease our company cars from a leasing company. Therefore they do not appear on our balance sheet and we just pay a fee. My boss (a director) is however wanting to purchase his car. He is wanting to know whether it would be financially better for him to sell the car back to the company or not. Selling the car back would obviously mean, it becomes a company car benefit.
Extra notes:
![Tim S.](https://dw3i9sxi97owk.cloudfront.net/uploads/thumbs/36b1ad7fd6d4b4c9fc1ead4ec3486c4c_150x150.jpg)
Tim S.
100% (5)Projects Completed
9
Freelancers worked with
12
Projects awarded
73%
Last project
21 Oct 2023
United Kingdom
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