[borel]

Hello,
The business owner "draws" a certain percent of the profit.
This is what is currently happening:

Each month the draw is taken based on the month's profits. However, there was a few months where there was a loss. In those months he did not take a draw.

So, when I calculate the percentage based on P/L for the year his draw is more than it should be.

My best solution for him is to base his percent calculations off year-to-date P/L and then subtract all the prior month draws to determine current month draw.

This guys bookkeeping is pretty limited, so I was hoping someone had an easier solution. Thanks!

[paraclete]

Yes, prepare a budget and pay the owner according to the estimated annual profit with a bonus at year end if the budget is exceeded.