Subcategory, taxation, budgets, Oh My

CedarvilleHardware

I'm sorry I posted this in "discussion" and now I'm thinking it should have gone in "questions."

In 2020 a user posted that, in short, to get subcategories to show up on a P&L you had to either associate them with a Schedule C line item or assign a "businses" tag to the transaction. The "tag" idea didn't do anything. I just set up a "test" transaction for $85,000, threw "business" on the tag, assigned it the "concrete" category (Construction > Fox Block Expansion > Concrete Foundation" (has a $90,000 budget - wonder if Quicken will let me "move" money to another budget like YNAB does).

"Construction" has a line item (Schedule C: Repairs and Maintenance) but "Fox Block Expansion" didn't inherit the tax category from its "parent" and, accordingly, "Concrete Foundation" didn't either. Putting "Businses" in the tag line for "Morgan Concrete" (the company laying the foundation) did not make it show up on the P&L.

It DOES make sense that subcategories wouldn't inherit the tax line status of their parent as that can be different dependent on what it is. I just wish there was an option to make it do so. Furthermore, there has GOT to be a way to quickly make a transaction show up on that P&L Statement report without having to go and manually enter tax-line items for each and every subcategory.

HELP! :-)

NotACPA

Maybe inheritance makes sense … but then many times subcats have different tax lines than the parent cat. E.G, my "Medical & Drugs" category has multiple sub-cats which sport 6 different tax lines. So, it doesn't ALWAYS make sense no "never" is actually the better option.