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New Member
posted Jun 6, 2019 8:00:50 AM

Does it make a difference if I divide ink cartridge expenses among my businesses, or just list them all under one of them?

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1 Best answer
Expert Alumni
Jun 6, 2019 8:00:52 AM

Your expenses should be reflected against the income in proportion to the business activity of each business.  This can be a simple formula of income received from each business as a percentage to the total income received from all businesses.  This same formula would apply to any expenses that are attributable to all business activities you operate.

1 Replies
Expert Alumni
Jun 6, 2019 8:00:52 AM

Your expenses should be reflected against the income in proportion to the business activity of each business.  This can be a simple formula of income received from each business as a percentage to the total income received from all businesses.  This same formula would apply to any expenses that are attributable to all business activities you operate.