Idées AgExpert Comptabilité

Summary of Expenses that could be considered personal

Producers nearing retirement often have trouble estimating what their expenses will be in retirement. In particular, there are certain expenses like power, water, and gas that a producer might write off as a business expense while under the business, but would assume those expenses if they were to retire and no longer be under the business account.

It would be helpful if AgExpert had a way to flag expenses that could be considered personal expenses or have an automated report that showed these.

  • Guest
  • Aug 30 2021
  • Attach files