The ability to separate Business and Private expenses only applies if GST Tracking has been enabled.
Every dissection entry that is added in Phoenix has a Claimable % recorded against it. The Claimable % is tied to a category but can also be overridden when a transaction is entered or edited. The Claimable % for a category can be set from the Category Setup screen on the GST Rates tab.
See also GST Rates in Category Setup
The Claimable % is deemed to be the Business use. If it is not set to 100% then the remainder is deemed to be Private / Personal use.
Currently, the Business Use and Private use can be separated in the following reports:
Trial Balance
•Show Private Use will separate the private component but still report the business component separately.
Income & Expenditure / Profit & Loss
•Show Business use will show only the business component.
•Show Private use will show only the private component.
See also:
