I have a supplier makes phone cases that my clients purchase in quantities of 50. I charge 87.50 for 50 While I Pay my supplier $27.50. My profit is $60.00 How do i write off the expense of me purchasing the phone cases. WhAt category is that?

Hi there,

It's always good to check and make sure you write off the expense the right way. I want to make sure you get the best answer on how to set this up on your account.

I recommend contacting an accounting professional. If you're not in contact with one, I encourage searching for one on our website using this link here. Doing this will help prevent any future discrepancies. Let me know if you have other questions. I'm here to assist.