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Thread: Where to Enter Gifts? Reply to Thread
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Topic Review (Newest First)
09-28-2013 05:54 AM
krosey5
Quote:
Originally Posted by TomCopeland View Post
Gifts to parents can be labeled as "gifts" and put under Other Expenses (subject to the $25 limit per year per person). Gifts to children should also be put there. However, items given to children that are used by the other children in care should be listed as activity expenses.

See my article that explains this: http://www.tomcopelandblog.com/2012/...your-care.html
Thank you very much
09-27-2013 08:28 AM
TomCopeland
Quote:
Originally Posted by krosey5 View Post
What category on MMK do gifts to daycare clients/children go?
Gifts to parents can be labeled as "gifts" and put under Other Expenses (subject to the $25 limit per year per person). Gifts to children should also be put there. However, items given to children that are used by the other children in care should be listed as activity expenses.

See my article that explains this: http://www.tomcopelandblog.com/2012/...your-care.html
09-26-2013 03:47 PM
sammie They go under activity expenses.
09-26-2013 01:57 PM
krosey5 What category on MMK do gifts to daycare clients/children go?

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