Using MM AND Tom Copeland's Tax Workbook & Organizer: MM adds T/S% to Expenses :/

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  • M&Mgal
    Daycare.com Member
    • Apr 2014
    • 27

    Using MM AND Tom Copeland's Tax Workbook & Organizer: MM adds T/S% to Expenses :/

    I use Minute Menu and just got Tom Copeland's Tax Workbook & Organizer. In the business expenses section, you are supposed to enter how much you spent before applying the T/S% but Minute Menu's expense report only shows the total amounts after applying the T/S%. Is there anyway to get MM to not apply it or do I have to add the expenses up by hand to get totals?
  • AmyKidsCo
    Daycare.com Member
    • Mar 2013
    • 3786

    #2
    Does it have you apply the T/S to the total later?

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    • Unregistered

      #3
      Yes it does AmyKidsCo

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #4
        Minute Menu

        Originally posted by M&Mgal
        I use Minute Menu and just got Tom Copeland's Tax Workbook & Organizer. In the business expenses section, you are supposed to enter how much you spent before applying the T/S% but Minute Menu's expense report only shows the total amounts after applying the T/S%. Is there anyway to get MM to not apply it or do I have to add the expenses up by hand to get totals?
        In the Schedule C Detailed Expenses Report and the Form 8829 Detailed Expenses report it shows each expense before and after the time-space % is applied. In the updated version of MM that will come out next year it will do what you want it to do.
        http://www.tomcopelandblog.com

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        • M&Mgal
          Daycare.com Member
          • Apr 2014
          • 27

          #5
          Ugh, ok thanks Tom. More work to do... guess I shouldn't be complaining, since the book & Minute Menu do make it easier than it would be without them

          Comment

          • AmyKidsCo
            Daycare.com Member
            • Mar 2013
            • 3786

            #6
            Originally posted by Unregistered
            Yes it does AmyKidsCo
            If it has you apply the T/S later then it shouldn't make a difference. Just skip the step where you apply the T/S because it's already applied.

            Comment

            • M&Mgal
              Daycare.com Member
              • Apr 2014
              • 27

              #7
              Good idea Amy! I can do that for the business expenses, so it will save some time/work. Unfortunately, can't do that for the home expenses. Sure wish there was some way to "turn off" the T/S% from being applied to everything automatically. Can't wait for the updated version of MM!

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