Where to Enter Gifts?

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  • krosey5
    Daycare.com Member
    • Jun 2012
    • 65

    Where to Enter Gifts?

    What category on MMK do gifts to daycare clients/children go?
  • sammie
    New Daycare.com Member
    • Jan 2013
    • 132

    #2
    They go under activity expenses.

    Comment

    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062

      #3
      Gifts

      Originally posted by krosey5
      What category on MMK do gifts to daycare clients/children go?
      Gifts to parents can be labeled as "gifts" and put under Other Expenses (subject to the $25 limit per year per person). Gifts to children should also be put there. However, items given to children that are used by the other children in care should be listed as activity expenses.

      See my article that explains this: http://www.tomcopelandblog.com/2012/...your-care.html
      http://www.tomcopelandblog.com

      Comment

      • krosey5
        Daycare.com Member
        • Jun 2012
        • 65

        #4
        Originally posted by TomCopeland
        Gifts to parents can be labeled as "gifts" and put under Other Expenses (subject to the $25 limit per year per person). Gifts to children should also be put there. However, items given to children that are used by the other children in care should be listed as activity expenses.

        See my article that explains this: http://www.tomcopelandblog.com/2012/...your-care.html
        Thank you very much

        Comment

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