Recording Expense Reimbursement on Nomisma

From the left-hand menu click on ‘Expenditure’, then hover over ‘View’ button from the top right and select ‘Expense Reimbursement’.

There are four categories, and they are:

1. Expense
   
2. Personal A/C Payments
   
3. Allowance
   
4. Mileage
   

Expense:

Expenses eligible for reimbursement that don’t require supplier bills to be created and are paid by directors, shareholders or employees can be added here.

For Example: Food Expense, Travelling Expense etc.

Click the ‘+’ button within the 'Expense' table.

You can either add an expense using the form or click the ‘Add Multiple Expenses’ button to add more than one expense.

Personal A/c Payments:

Supplier bills paid for by directors can be added here to record for reimbursement.

Click the ‘+’ button. You can either add a payment using the form or click the ‘Add Multiple Payment’ button to add more than one payment.

Allowance:

Allowances provided to an employee, director or a shareholder can be added here.

Click the ‘+’ button. You can either add an allowance using the form or click the ‘Add Multiple Allowance’ button to add more than one allowance.

Mileage:

The mileage rate as per HMRC for the 2021/2022 year is: 45p per mile for cars and vans for the first 10,000 business miles travelled (25 pence over 10,000 miles), 24 pence per mile for motorcycle and 20 pence per mile for cycles.

Nomisma will calculate the mileage allowance based on HMRC’s rates. To enter this, click the ‘+’ button. You can either add a mileage claim using the form or click the ‘Add Multiple Mileage’ button to add more than one mileage allowance claim.

Select the 'Vehicle Type' and enter the total 'Mileage' for the period for the allowance to be calculated by Nomisma.

Tip: If an expense reimbursement has been posed in error and you needed to post that as a supplier bill, you can convert that easily into a bill. To do this, click the convert button.

Following that select the ‘Supplier’ from the drop-down menu and click ‘Bill Convert to Supplier Bill’.

• Related Articles

• Uploading Reimbursements using a CSV file on Nomisma

  You can bulk upload Expense, Personal A/C Payment, Allowance and Mileage reimbursements using a CSV file on Nomisma. To do this, click ‘Expenditure’, then hover over the ‘View’ button from the top right and select ‘Expense Reimbursement’. Then, click ...

• Self-Assessment integration with other Nomisma modules

  You are able to link the Self-Assessment module with multiple other modules, allowing Nomisma to pull through any relevant data that has already been inputted in other parts of the software.  Bookkeeping: ...

• Setting up Bank Feeds on Nomisma

  Nomisma has partnered with “True Layer” to provide you with the bank feeds functionality. To setup bank feeds, first you would need to Select ‘Banking’ from the left-hand Menu, then choose ‘New +’ and click on ‘Setup new Bank feed’. Following this ...

• How to process receipts on Nomisma

  To process a receipt that has been uploaded to Nomisma, first click on the Pending Receipts button located on the client’s main dashboard and then click on the icon within the Add column that is in line with the receipt in question.    If you have ...

• How to upload pictures of receipts to Nomisma

  To upload pictures of receipts to Nomisma you will first have to have the Bookkeeping app downloaded (available on both the Apple and Android devices) and will only be available for Business Users to use. Then select which client you wis to upload a ...