View Single Post
  #3  
Old 09-27-2013, 08:28 AM
TomCopeland's Avatar
TomCopeland TomCopeland is offline
Business Author/Trainer
 
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,061
Default Gifts

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
__________________
http://www.tomcopelandblog.com
Reply With Quote