Cal,

Thanks for your help. That sounds like a good idea to me. Since the gas vs.
mileage issue is the only circumstance I can think of where I would be
reimbursed for more than I spend, I am thinking to instead of creating a
Business Misc category, I would create a Reimbursed Mileage category, then
split the reimbursement check to apply the total of gas I spent to the Job:
Reimbursed category, and the remaining to the Reimbursed Mileage category.
Then I could run a report at the end of the year to figure out how much I
cleared on driving my car (knowing there is depreciation, registration,
maintenance, etc). Do you see any problems with that? I don't. Thanks,

Chris

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news5hih0dvl9bjr2291nlob6papl5oanri8h[at]4ax.com...
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In microsoft.public.money, Chris Guimbellot wrote:

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How about making a BusinessMisc category. If you spent $20 in gas
but received $37.50, you could enter that you also spent $17.50 for
BusinessMisc. That would correspond in real life to a piece of your
insurance, car depreciation, a piece of your upcoming repair bills,
a piece of your car registration fees, etc.

Hello,

Money 2004 Standard. I am trying to catalog business expenses the correct
way. The way I have always done it is to place the expense in the reimbursed
business category, and when I get reimbursed, placing the reimbursement
check in the same category. I ready that in a post somewhere that this is
the correct thing to do. I can then run a report, which if everything is
entered correctly, has a zero balance.

My question is what if I have business expenses I don't get reimbursed for
in the normal way. For example, I take a trip in my own car. I pay for the
gas out of my own pocket, but I don't get reimbursed for the gas. I get paid
$0.375 per mile. Of course the numbers don't balance. I am sure that the
absolute correct way to do this is to have a car account and do depreciation
somehow, but that seems ridiculous to me not only because it seems like
overkill, but also because my car is nine years old and I couldn't figure
depreciation anyway. That said, is there any way to categorize these
transactions effectively? Thanks,

Chris