Posts by Nancy Jones

I was wondering if anyone could lend me a hand regarding fuel expenses for a small business owner.
The vehicle was purchased through the LLC, and all gas is paid for using a company card, but since the owner uses it daily for the commute and, naturally, for personal errands too,
I'm a bit stuck on the accounting side. Since the fuel is being charged directly to an ExxonMobil fleet card, can we just write off the entire amount as a business expense, or would it be necessary to keep a detailed log to separate what's strictly for work from what's for personal use?

cosmictinker24 said:I just got access to the Payroll module in Accenture and, honestly, I'm feeling a bit lost. I process everything based on gross amounts for all employees, so I'm wondering—if benefits like regular work, sick leave, vacation, and holidays are being separated, do those specific amounts actually need to be calculated individually? Or can I just list Regular Work as $5,500.00 and set all the other benefit lines to 0.00?

Thanks,

When I handle this, I just enter the agreed-upon gross salary, input the specific hours for regular work, vacation, and holidays, and then hit the automatic distribution button so the system recalculates the gross pay for me automatically.