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March 20, 2022
Question

Is there a way to automate/record disallowable expenses?

  • March 20, 2022
  • 1 reply
  • 0 views

Hi there,

 

I am new to self-employment and QuickBooks, so apologies if the answer is obvious/has already been answered! 

 

I have a few expenses that are split between business and personal use. The business split is, of course, allowable and shows up correctly in the taxes section. Is there a way to somehow record the personal split of those expenses in the disallowable section? The reason I ask is according to this guide and GOV guidance, I should be recording any non-business portions of those expenses as disallowable, but I am unsure of how to do this. (https://quickbooks.intuit.com/learn-support/en-uk/estimated-taxes/allowable-and-disallowable-expenses/00/684990

 

Any help or guidance would be appreciated! Thanks in advance :smileyhappy:

1 reply

March 20, 2022

Thanks for posting and reaching out to us here in the Community, @rj00. I'm here to share some info about automating or recording your split expense transactions.


I can see that the option to automate disallowable expenses in QuickBooks Self-Employed is a crucial feature for your business. However, this is currently unavailable.


Discovering new ways to adapt to our customers’ needs is how QuickBooks gets even better. That said, I’d suggest sending feedback to our developers to have this feature added.


Here’s how:

 

  1. Go to the Gear icon.
  2. Select Feedback.
  3. Enter your product suggestions.


For more details about Split transactions in QuickBooks Self-Employed, you can open this article.


I’ve also included these resources to guide you with categorizing your transactions:

 


Let me know if you have follow-up questions with your expense transactions. I'm always here to provide assistance. Have a good one.