Made bad choice with video editing software: how cost can be written off?

5rtytry56 · 2018-08-18 09:10:02

So in my business books, how do I write off this loss of a few hundred euro? The software in question has turned out to be unsuitable with what I want to do.

18-08-2018 10:10AM

#1
5rtytry56

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So in my business books, how do I write off this loss of a few hundred euro? The software in question has turned out to be unsuitable with what I want to do.

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#2 18-08-2018 08:56PM

scamalert

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very vague question, when you ask how can cost be written of are you self employed etc ? did you try to get in touch with software seller, presume its bigger brand name, is there any cool off period, worst case can you not just contact your bank or file dispute.

youd want to do trial in the future as most companies provide that before buying license.

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#3 21-08-2018 02:20PM

antoinolachtnai

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Did you capitalise the purchase in your books, i.e., treat it as an asset?

If you just treated it as a business expense, then you don't need to do anything.

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