Purchases and expenses

Personal expense and deductible tax

When you record an expense you can mark it as personal (not a company expense). Reports keep it apart and its tax never counts as deductible: deductible tax only adds company expenses marked «The tax is recoverable».

Steps

  1. Web On the web: in New expense (or when editing it) turn on «Personal expense». Off, the expense belongs to the company.

  2. App In the app: in the expense form turn on «This is a personal expense».

  3. For a personal expense, «The tax is recoverable» no longer counts: its tax doesn’t go into deductible tax.

  4. Web On the web: Expenses → Reports → «Company & taxes» tab: company and personal expenses, total tax and deductible tax, by month, category and payee. Download it as CSV and PDF («EXPENSES · REPORT»).

  5. App In the app: in Expense reports, the «Business and personal» card shows Business, Personal, Tax and Deductible tax, with its chart and a CSV.

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