ataloma
Level 2
05-01-2020
10:22 AM
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Best Answer Click here
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abctax55
Level 15
05-01-2020
10:33 AM
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There is a line in Lacerte (PTO's big sister) for "cost of items for personal use". If PTO doesn't have that, I would just add it (as a subtraction) in 'Other costs in COGS'.
A negative in purchases would look odd, but it is defensible under these circumstances.
HumanKind... Be Both
abctax55
Level 15
itonewbie
Level 15
05-01-2020
10:45 AM
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Yes, PTO has the exact same line.
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ataloma
Level 2
05-01-2020
10:50 AM
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Thanks for your reply. I appreciate it very much.