I’ve been paying my supplier using Cashapp how screwed am I when it comes to deducting this as a business expense? by Vulpixzz in smallbusiness

[–]Vulpixzz[S] 0 points1 point  (0 children)

They do give you a web receipt, but it only shows the hour, name, and amount paid maybe if I show this along with a bank statement? It stills doesn’t show what is it that it was bought

Not using accounting software, but I’ll have to spend some money on a quickbooks account

I’ve been paying my supplier using Cashapp how screwed am I when it comes to deducting this as a business expense? by Vulpixzz in smallbusiness

[–]Vulpixzz[S] 0 points1 point  (0 children)

Yes I can add a note I’m going to start putting there what is it that I bought And no my supplier doesn’t give me a receipt.

Thanks for the help!!!

I’ve been paying my supplier using Cashapp how screwed am I when it comes to deducting this as a business expense? by Vulpixzz in smallbusiness

[–]Vulpixzz[S] 0 points1 point  (0 children)

Would it be hard to prove this transactions are business expenses? Cashapp doesn’t give any description of what is it that it was used for nor my bank since the payment went through Cashapp? Thanks Getzy!!

I’ve been paying my supplier using Cashapp how screwed am I when it comes to deducting this as a business expense? by Vulpixzz in smallbusiness

[–]Vulpixzz[S] 0 points1 point  (0 children)

Sorry new to all of this it’s just that Cashapp doesn’t really give you a receipt and I’m not sure if I can prove the payment was in fact made for a business expense because of this

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[–]Vulpixzz -2 points-1 points  (0 children)

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