Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

business credit card

  • 13-09-2007 1:30pm
    #1
    thetourist
    Registered Users, Registered Users 2 Posts: 469 ✭✭


    i often need to make small payments (under €100) both online and to shops and businesses as part of my business. Have never used a business credit card . Am wondering how it works. What would be ideal for me is to have a credit card on my business account and use it for all these small payments. It would be handy so that i dont have to carrry a chequebook around and also i would be able to purchase stock online easier. Is this a standard practice. Is there anything i need to watch out for, esp from an accounting point of view. (apart from the a.p.r. that is :rolleyes: )

    edit: actually a debit card that could be used online would even be better - dont know if one exists - lazer doesnt usually work online except for some irish websites.


Comments

  • #2
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    http://www.americanexpress.com/ireland/small_business_card/american_express_small_business_card.shtml

    Google's your friend!;)

    From an accounting point of view there is nothing different than, say, a bank account. You get a statement online or paper.


  • #3
    robbie checker
    Registered Users, Registered Users 2 Posts: 57 ✭✭robbie checker


    thetourist wrote:
    i often need to make small payments (under €100) both online and to shops and businesses as part of my business. Have never used a business credit card . Am wondering how it works. What would be ideal for me is to have a credit card on my business account and use it for all these small payments. It would be handy so that i dont have to carrry a chequebook around and also i would be able to purchase stock online easier. Is this a standard practice. Is there anything i need to watch out for, esp from an accounting point of view. (apart from the a.p.r. that is :rolleyes: )

    edit: actually a debit card that could be used online would even be better - dont know if one exists - lazer doesnt usually work online except for some irish websites.

    business credit card is fine, you still need to keep receipts though just in case revenue request them in an audit - your accountant will be happy too as it is easier to account for small payments.


  • #4
    vir7ual
    Closed Accounts Posts: 119 ✭✭vir7ual


    I have a business credit card for my own business coming out of the business account. The credit card statement is your actual account done as it contains all transactions for stock bought. Also you can tell the bank to clear the balance (100%) at the last day of every month, therefore you dont pay interest on outstanding balances. Dead handy way of paying stuff and not costing you much.

    As stated accountants will love you too, as i said the credit card statements are your accounts done for you.

    You still get caught to pay the annual fee for credit cards but dont pay anything on balances overdue once you pay off every month.


Advertisement