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Write off waste.

Posted by Sprink 
Write off waste.
December 25, 2015 09:10PM
My wife and I own a BBQ vending trailer, once or twice a season we end up with 3-5 lbs of meat that is two dry to sell that we end up throwing out, how do I go about writing that off?

Also, if we take out the employees for a Christmas dinner can I write that off somehow also?
Re: Write off waste.
February 09, 2016 12:29AM
You can create a new expense called "Produce Waste" for example and write it off there from inventory if that's where you have it now.

Christmas dinner is an expense, and that can go under "Entertainment - Meals"
Re: Write off waste.
February 09, 2016 12:33AM


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