SandyL ✭✭
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- Username SandyL
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Record income tax payment
If I owe $10,000 in federal/provincial tax (in Canada this is a non-operating expense) how do I record the payment? There doesn't seem to be a way to set up an non-operations expense category. (View Post)4 -
Re: Record income tax payment
@SchlauFuchs - I feel your pain! For some reason, the folks at the Wave don't seem to understand that this is a fundamental accounting practice. (View Post)4 -
Re: Record income tax payment
Hi Emma, It seems that we're all asking for the same function (not a nice-to-have feature), an accounting function that allows us to show a federal income tax payment as a non-operational expense. Th… (View Post)6 -
Re: Non-operating Expenses And Recurring Expenses
The ability to record corporate income tax payments as a non-operating expense is a basic accounting function, so should be featured in Wave software. Not having this feature means the P&L is ina… (View Post)4
