Difference between revisions of "How to financials"
Jump to navigation
Jump to search
| Line 1: | Line 1: | ||
== Category == | == Category == | ||
| + | * Bank Charges | ||
| + | ** Paypal fees, chase fees. | ||
| + | * Disposal fees | ||
| + | ** Trash pickup. | ||
| + | * Freight & Delivery | ||
| + | * Insurance | ||
| + | * Legal & Professional Fees | ||
| + | ** Lawyers, accountants, etc. | ||
| + | * Meals and Entertainment | ||
| + | ** Food for events, party supplies. | ||
| + | * Office Expenses | ||
| + | ** Things that would be used to maintain an office building. Examples: cleaning supplies, toner, paper, toilet paper. | ||
| + | ** Also, software licenses. | ||
| + | * Promotional | ||
| + | ** Banners, stickers, t-shirts, mugs, hats, buttons. Kitschy crap with our logo on it. | ||
| + | * Regs, licenses, and fees | ||
| + | ** Government fees and business licenses. | ||
| + | * Rent or lease | ||
| + | * Repair and Maintenance - The costs incurred to bring an asset back to an earlier condition or to keep the asset operating at its present condition (as opposed to improving the asset). Fixing non-consumable things in the machine. These things are less frequently replaced. | ||
| + | ** Example: cleaning fluid, belts. | ||
* Supplies - Things consumed by the process of using or running the machine. Will not improve or maintain condition. | * Supplies - Things consumed by the process of using or running the machine. Will not improve or maintain condition. | ||
** These are going to be things that are directly worn down in its normal use. Example: grinding wheels, bandsaw blades, end mills, and lathe tooling. | ** These are going to be things that are directly worn down in its normal use. Example: grinding wheels, bandsaw blades, end mills, and lathe tooling. | ||
| − | |||
| − | |||
* Tools - Tools or permanent improvement to tools or area. | * Tools - Tools or permanent improvement to tools or area. | ||
** These include things like shelving. | ** These include things like shelving. | ||
| − | * | + | * Utilities |
| − | ** | + | ** Electricity |
| − | * | + | ** Gas |
| − | ** | + | ** Internet |
== How we are categorizing specific things == | == How we are categorizing specific things == | ||
* Software licenses | * Software licenses | ||
** Going to categorize these as office expenses. The "Regs, licenses, and fees" account will be used for government dealings. | ** Going to categorize these as office expenses. The "Regs, licenses, and fees" account will be used for government dealings. | ||
Revision as of 04:45, 11 November 2014
Category
- Bank Charges
- Paypal fees, chase fees.
- Disposal fees
- Trash pickup.
- Freight & Delivery
- Insurance
- Legal & Professional Fees
- Lawyers, accountants, etc.
- Meals and Entertainment
- Food for events, party supplies.
- Office Expenses
- Things that would be used to maintain an office building. Examples: cleaning supplies, toner, paper, toilet paper.
- Also, software licenses.
- Promotional
- Banners, stickers, t-shirts, mugs, hats, buttons. Kitschy crap with our logo on it.
- Regs, licenses, and fees
- Government fees and business licenses.
- Rent or lease
- Repair and Maintenance - The costs incurred to bring an asset back to an earlier condition or to keep the asset operating at its present condition (as opposed to improving the asset). Fixing non-consumable things in the machine. These things are less frequently replaced.
- Example: cleaning fluid, belts.
- Supplies - Things consumed by the process of using or running the machine. Will not improve or maintain condition.
- These are going to be things that are directly worn down in its normal use. Example: grinding wheels, bandsaw blades, end mills, and lathe tooling.
- Tools - Tools or permanent improvement to tools or area.
- These include things like shelving.
- Utilities
- Electricity
- Gas
- Internet
How we are categorizing specific things
- Software licenses
- Going to categorize these as office expenses. The "Regs, licenses, and fees" account will be used for government dealings.