Some questions relating to a projected budget as part of a business plan:
* Are lease repayments and interest on an asset purchase shown as one figure under direct expenses or split with the interest shown seperately as a fixed overhead?
* If I have an asset worth €100,000 and I wish to show depreciation over a projected 60 month budget would it simply be shown in each month of my budget as 1/60th of the €100,000 i.e. €1666.66 depreciation per month as a fixed overhead? Would this be an acceptable level of depreciation on a technological asset that is expected to lose value quite quickly?
* How would I show corporation tax over the above budget, is it worked out monthly at the very end and included as a fixed overhead?
* Are lease repayments and interest on an asset purchase shown as one figure under direct expenses or split with the interest shown seperately as a fixed overhead?
* If I have an asset worth €100,000 and I wish to show depreciation over a projected 60 month budget would it simply be shown in each month of my budget as 1/60th of the €100,000 i.e. €1666.66 depreciation per month as a fixed overhead? Would this be an acceptable level of depreciation on a technological asset that is expected to lose value quite quickly?
* How would I show corporation tax over the above budget, is it worked out monthly at the very end and included as a fixed overhead?