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January 31, 2020
Question

Hi, Am new to this - Can someone please tell me in The Banking page, what category do Goods for resale go under?

  • January 31, 2020
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1 reply

January 31, 2020

Hello Hannah74

 

Welcome to the Community!

 

 There is the cost of sales or the supplies expense category which may be an option for this. If you are unsure we would suggest just confirming with your accountant that they are happy with you using  either category

 

You can set also up your own chart of account expense category   by going to accounting>chart of account>new >expense(account type) in detail type it would a case of selecting the closest one to what you want and then in name you can name it whatever you like and then save and close.

 

Any questions just reply back to this thread

 

Thanks