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Expense processing notes CLASSES: Classes are used for income ONLY ROGERS internet bills will be provide and can be published as PAID bills from the paid by owner account but the rogers needs to be closed out 50/50 to notes receivable Mazi & Eric. To faciltate this we have two paid by owner accounts. Meals & entertainment exp processing: Booke is rounding the tax wrong which results in no matches in the bank feed so use the tax code "HST ON M&E ITC" which will account for ONLY the 50% (6.5%) of claimable tax paid. The sum to be taxed will need to be customized to what will result in half the tax on the receipt, then the balance on a second line to total what was actually charged. QBO at times is changing the receipt total once importeed due to rounding on the tax so we must process two or 3 items in booke while looking at the bank feeds and then go match those, then continue on while matching as you go.....otherwise we end up with CTA's and when the receipt is provided a second time they get posted correctly and we locate the double entry when we reconcile the bank/credit card. HOUSE RELATED EXPS: for any expenses related to a house they need to specify the street name because the house on Natalie is where they work from and GL account "Due from 2494031 Ontario Inc. (Natalie Street)" represents this house but the house on King street is personally owned and rented out. UBER EATS – it was decided that UBER EATS will be personal and restaurant receipts business meals & entertainment. Prepaid accounts No Currency revaluation notes No

Platforms used Amazon CAD Best Buy eBay Integration apps Dext Commerce SaasAnt (Best Buy when high volume) Inventory tracking method No Monthly COGS adjustment method Annual Adjustment Based On Physical Count E-commerce additional tasks No