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Old 02-22-2014, 07:35 AM
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melilley melilley is offline Member
Join Date: Oct 2012
Location: Michigan
Posts: 5,018
Default Where To Enter Inventory In MMK

Last year was my first year in business and I'm going through my house and doing an inventory on everything that I owned before I opened that I am using in my dc.

Where do I enter these items in MMK? Do I just put them in each category like I would enter everything else for 2013? Most items are under $100 so I've been entering them to claim in the first year (start up rule/expense ) and the items over $100, I've been depreciating. That's what I've been doing, but I just want to make sure I'm doing it right.

And also, would a blender, toaster oven, things along those lines be considered an appliance?
Thank you!
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