[SL] Setting up accounts for business use of home.
- From: "Mark J. Small" <msmall@xxxxxxxxxxxxxxx>
- To: sql-ledger-users@xxxxxxxxxxxxxx
- Date: Fri, 02 May 2003 12:40:10 -0300
Hi everybody,
I've been setting up sql-ledger on my system, for my small business
that I run out of my home (I'm in Canada). I've got my chart of
accounts mostly setup, and my invoice templates are looking good now,
but I'm wondering how I should deal with business use of home expenses.
I am able to write off a certain percentage of my power, heat, mortgage
interest, etc at tax time. So I was thinking that I would just enter
that percentage of the expense in to my accounts and be done with it.
However, the actual tax form needs the full value spent and has a space
to take the appropriate percentage as part of the form. Should I just
do the reverse calcualution at tax time? What I would like to see is a
percentage as part of the chart.
Mark
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