Question On Expenses, Calendar Keeper

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  • CalCare
    Daycare.com Member
    • Jul 2015
    • 665

    Question On Expenses, Calendar Keeper

    Hi, Tom!? Hopefully you can see this and answer So, when I'm filling out all these lines of expenses in the calendar keeper, do I put the tax that I paid as well? For example March expense report, I have an art cart I bought for $11.99 plus $ .93 tax. In the spot, do I write 11.99 or 12.92? And then when I add all of March (for example), and then add all the months of expenses, do I ever add in the tax I paid?
    Thank you!!
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    Sales tax

    Originally posted by CalCare
    Hi, Tom!? Hopefully you can see this and answer So, when I'm filling out all these lines of expenses in the calendar keeper, do I put the tax that I paid as well? For example March expense report, I have an art cart I bought for $11.99 plus $ .93 tax. In the spot, do I write 11.99 or 12.92? And then when I add all of March (for example), and then add all the months of expenses, do I ever add in the tax I paid?
    Thank you!!
    Include sales tax in the cost of items used for your business. I wrote an article about how to do this on receipts that have both business and personal expenses:http://tomcopelandblog.com/how-do-i-...-card-interest
    http://www.tomcopelandblog.com

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    • CalCare
      Daycare.com Member
      • Jul 2015
      • 665

      #3
      Thank you!

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