401K and Minute Menu

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • midaycare
    Daycare.com Member
    • Jan 2014
    • 5658

    401K and Minute Menu

    I started a 401K this year and I'm wondering if there is a place for me to record my contributions in MM, or if I just bring separate documentation to my accountant.

    Thanks in advance!
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    401k

    Originally posted by midaycare
    I started a 401K this year and I'm wondering if there is a place for me to record my contributions in MM, or if I just bring separate documentation to my accountant.

    Thanks in advance!
    Contributions to a 401K are not a business deduction. I would recommend not putting it in Minute Menu and giving the information to your accountant separately.
    http://www.tomcopelandblog.com

    Comment

    • midaycare
      Daycare.com Member
      • Jan 2014
      • 5658

      #3
      Originally posted by TomCopeland
      Contributions to a 401K are not a business deduction. I would recommend not putting it in Minute Menu and giving the information to your accountant separately.
      Thanks Tom! I wasn't sure if I was using MM to its fullest capacity or not. I know it's not a deduction, but I was wondering if MM had features ro keep track of other things I was missing. Thanks so much for your help!

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #4
        Minute Menu

        Originally posted by midaycare
        Thanks Tom! I wasn't sure if I was using MM to its fullest capacity or not. I know it's not a deduction, but I was wondering if MM had features ro keep track of other things I was missing. Thanks so much for your help!
        Minute Menu does allow you to create five of your own expense categories, so you could create a "personal expense" category and list it there.
        http://www.tomcopelandblog.com

        Comment

        • midaycare
          Daycare.com Member
          • Jan 2014
          • 5658

          #5
          Originally posted by TomCopeland
          Minute Menu does allow you to create five of your own expense categories, so you could create a "personal expense" category and list it there.
          Great, thanks!

          Comment

          Working...