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June 27, 2022
Question

How do i add my own expense category.

  • June 27, 2022
  • 1 reply
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1 reply

June 27, 2022

Hello there, @john-fullonadven?

 

Are you trying to add an expense account to your QuickBooks Online company? If so, I suggest going to your Chart of Accounts and creating the category from there. Here's how:

 

  1. Open the Accounting menu, then select the Chart of Accounts tab.
  2. Hit the New button.
  3. Set the Account Type to Expense or Other expense.
  4. Choose a Detail Type.
  5. Fill in a name for the new expense account.
  6. Once done, hit Save and Close.

 

On the other hand, if you're wanting to create a category specifically for the goods or services you get from your supplier You should access the page for All lists and add the category from there. Here is a detailed procedure:

 

  1. Open the Gear icon, then choose All lists
  2. Click on Product categories.
  3. Select the New category button.
  4. Enter a name for the new category, then hit Save.

 

You can assign the new category under the Category drop-down when editing or creating a service item.

 

 

For future reference, check out this guide to learn more about handling bank feeds so you can categorise or match your bank record with QBO: Connect your bank feeds using Open Banking.

 

Don't hesitate to comment back if you need extra help with QuickBooks or managing categories. I'm always ready to back you up. Have a great start of the week!