@jackals
RE: I'll mull over it and experiment over the weekend before replying again, as what I want to achieve doesn't fit neatly into standard, e.g. one aspect is that members of an LLC are Other Names, not Employees, as they aren't paid salaries and therefore aren't paid through payroll, and what they are paid doesn't equate to their billed labor earnings.
A couple of points:
- You can change those Other Names to Vendors and then when you write them checks you will be prompted to include time on the checks. This will get the time onto your financial statements.
- To the extent that they are owners of an LLC, if you don't pay the owners for their time there is no expense for it. This is known as "free labor" and you can't claim as an expense - since it isn't one.
