Summary-of-Business-Inc-Exp-DETAILED 2025.xlsx

	A	B	C	D	E	G	H	I
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2	Client Name: _______________________________________________
3	Summary of Business Income and Expenses (Detailed Method - HST)
4	Business Name: _____________________________________________
5	Year Ended December 31, ____
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7	HST Reporting Status
8	q I am registered for HST (if yes, please enclose a copy of all HST returns for the year)
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11						TOTAL	HST	NET (w/o tax)
12						TOTAL	HST	NET (w/o tax)
13	REVENUE
14	Other:_____________________________________
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17	BUSINESS EXPENSES
18	Direct (non-service businesses only)
19	Purchases of materials or product
20	Subcontract
21	Commissions
22	Other:_____________________________________
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25	Administrative
26	Accounting and legal
27	Advertising and promotion
28	Bad debts
29	Bank charges and interest
30	Business taxes, dues and fees, memberships etc.
31	Conventions, courses, professional development
32	Equipment rental
33	Freight and delivery
34	Insurance
35	Interest
36	Management and administration
37	Meals and entertainment
38	Office
39	Property taxes on business owned land
40	Rent paid for office space
41	Repairs and maintenance for office space
42	Supplies
43	Telephone (business use portion)
44	Travel
45	Utilities paid for office space
46	Wages, salaries and benefits
47	Other:______________________________________
48
49						TOTAL	HST	NET (w/o tax)
50	VEHICLE EXPENSES					TOTAL	HST	NET (w/o tax)
51		Total km driven in year _________
52		Business km driven in year ______
53	Value of Vehicle ___________
54	Year _________		Make _________		Model _________
55	Fuel
56	Repairs and maintenance
57	Insurance
58	Licence
59	Interest expense
60	Lease payments (include details of down payment)
61	Please attach information re: purchase/sale of vehicles during the year
62
63	HOME OFFICE EXPENSES					TOTAL
64		Business use of home: _______ %				TOTAL
65	Heat
66	Hydro
67	Insurance
68	Repairs and maintenance
69	Mortgage interest
70	Property taxes
71	Rent
72	Telephone - Long distance only (basic monthly fee non-deductible)
73	Other: _______________________________________
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75
76	ASSET PURCHASES
77	Please provide a list of the cost of assets purchased (>$500) during the year (computer, shop equipment etc.)
78	Date purchased or sold			Description				Cost/Sale Price
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85	INVENTORY
86	On hand at year end (at cost):
87
88	Calculation - do not enter in fields
89	Revenue		0	L101
90	HST collected		0	L105
91	HST paid		0	L108
92	Payment (Refund)		0	L109
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