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December 1, 2022
Question

Categorizing Expense

  • December 1, 2022
  • 0 replies
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Im just setting up my quickbooks and have a question. I run a construction business therefor have lots of transactions of me purchasing materials for the different jobs I run. I end up getting reimbursed for these materials from my clients, but it's not actual income earned. What would the best category be to put those transactions under? I see "Supplies and Materials" as an option but also "Cost of goods sold"