Sub Contractor

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Carol McDonald
Carol McDonald Member Posts: 18 ✭
in Accounts Hosted

Hello how should a sub contractor be set up in accounts hosted? Are they just other creditors? Thanks

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  • Kris_Williams
    Kris_Williams Member Posts: 3,332 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    The account would be Subcontractors Fees- expense account. Other creditors is normally a balance sheet account

  • Carol McDonald
    Carol McDonald Member Posts: 18 ✭
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    That makes sense - thank you 😀

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,442 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    @Carol McDonald A subcontractor is usually set up as a Supplier HOWEVER, if you are needing to manage Super for them, you may find it easier to set them up in the Employees section (excluded from payroll & STP of course!)

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Kris_Williams
    Kris_Williams Member Posts: 3,332 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Yes of course but in my experience I’ve never had to track hours

  • Carol McDonald
    Carol McDonald Member Posts: 18 ✭
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    Thanks everyone for your comments

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