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March 23, 2024

Categorizing expenses for carpentry work

  • March 23, 2024
  • 1 reply
  • 0 views

When reviewing transactions for our carpentry business, what account name should I use for project material expenses relating to carpentry projects?

    1 reply

    March 24, 2024

    Every business needs multiple accounts to do accounting properly but those depend on many factors unique to your company. I suggest you should hire accountant to get you setup correctly and to teach you how to do proper accounting entries before you get too far along and then must pay alot more for someone to clean-up.