What is inflows and outflows?

The Keeper
The Keeper Quicken Windows Subscription Member ✭✭✭✭
edited February 16 in Reports (Windows)

I am running a report on amount I spent on dental for 2024 for income tax purposes and want to be sure I am using the correct expense amount. On the attached screenshot, what is inflows and what is outflows. Which amount should I use?

Comments

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭

    Out flows are what you paid them. In flows is what was returned to you as some kind of credit. The total expense would be the Net Total $13,362.00.

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  • The Keeper
    The Keeper Quicken Windows Subscription Member ✭✭✭✭

    Perfect! Thank you Chris_QPW

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    @The Keeper Concur with Chris

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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