6205 Business Meals
Meals with a business purpose, subject to the Schedule C deduction limit. Alison recognizes common restaurant and café descriptors.
In Solo Superstars
Bank rules and Alison’s descriptor catalog route restaurants, coffee shops and delivery apps here. Non-deductible entertainment goes to 6206.
Example
"SQ *BLUE BOTTLE" $14.50 on the card statement: debit 6205 14.50, credit 2100 Credit Card 14.50.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- meals
- meals and entertainment
Related
- Categorize — Telling a bank transaction which ledger account it belongs to. Alison does most of it; you confirm the uncertain ones.
- Bank rule — "If the payee or descriptor looks like this, book it here." Rules run on every import; Alison proposes new ones from your corrections.
- Schedule C — The IRS form where a sole proprietor or single-member LLC reports business profit or loss. The app maps your accounts to its lines.
- Chart of accounts — The list of buckets your money can be sorted into: assets, liabilities, equity, revenue, expenses. New workspaces start with a default set you can rename or extend.
- Default chart — The chart of accounts every new workspace starts with, numbered the way QuickBooks users expect. Yours may have been renamed or extended since.