Edit R&D allocations
Allocations can be edited individually or in bulk.
Allocating Individual Expenses
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Click the R&D % for an expense
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Move slider to adjust allocations
- Note: Moving “Non-R&D Allocation” slider will adjust the allocations to projects automatically and proportionally
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Click save
Allocating Expenses in Bulk (via Excel)
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Click “Edit in Excel”
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Download current expense allocations
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Adjust allocation % for one or multiple expenses via excel
- Note: R&D qualifying projects are highlighted in green
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Re-upload the excel file via the modal in Neo.Tax
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Confirm that the changes have been applied to the expenses
FAQs
What does the “Non-R&D Allocation” slider mean?
If an expense cannot be allocated to any of the generated projects or was spent on non-R&D related activities, the “Non-R&D Allocation” slider accounts for that. For example, if the CTO spent 20% of his time on marketing activities, this would be counted as non-R&D activities.
The % allocated to various projects doesn’t match the number in the “R&D %” column
This is likely because allocations have been made to projects categorized as “174 only” or “None”. Only allocations made to projects that are “R&D Eligible” will be shown in the R&D % column.