How to select the claimable business percentage for an expense
Enter the total amount of the expense first
then the business-use part of the expense
An expense can be apportioned when adding a/an
single expense
recurring expense
expense/s via bank feeds
For more information about claiming business expenses, please get in touch with the ATO and/or your accountant.
The Expense page displays the total amount of the expense and the percentage allocated as a business expense.
To show the apportioned amount, either hover on the percentage badge
or go to the Expense report page (Reports > Expense report) to see it
NOTES:
Click the link for more information on
- Adding your expenses
- Adding Recurring expenses
- Adding expenses via bank feedsIf an expense record was previously added via the main expense section, doing so from bank feeds will create a duplicate record.
An expense record cannot have a business usage with 0% as Rounded is still only designed for business use. This means some part of the expense still needs to be claimable.
Remember to download the Rounded mobile app!