Mikeg ✭✭✭
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- Username Mikeg
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Re: Categorization of Government Taxes
Matt, Best of luck! Hope to hear from you in the future. Although my fees are very reasonable. Rates published at mgfinancial.net. Sales tax can be presented in 2 different ways. Because your receipt… (View Post)1 -
Re: New to organizing my finances
@pickinsplinters, You would categorize both as owners drawings. Not sure whether you are in the US, if so, you would just use a journal entry to record the allowable home office. Debit Office Expense… (View Post)1 -
Re: Appreciation of Real Estate Asset
@Fanlike, Assets like real estate are not adjusted for fluctuations in value. You would have the original cost of the asset (acquisition of building/land) and add to it, any improvements at cost to a… (View Post)1 -
Re: Add authorized signature on Invoices and Estimates
@CWI805, As far as I know Wave does not support this functionality. I would assume that legal protocols would need to be followed in order to make it a binding contract. You may want to look into Ado… (View Post)1 -
Re: How to categorize tax payments
@CrystalPRB, Either one works because it reduces owner equity. However, if you are tracking how much you have put in and taken out then the drawing account would be a better choice. Some individuals … (View Post)1