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Feb 26, 2021 9:35 AM UTC
Question

If i buy car parts each month to modify and sell on, how do i categorize this expenditure in quickbooks? I have been putting these purchases into the 'supplies' category

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2 replies

Feb 26, 2021 10:03 AM UTC

Hi crikky22-gmail-c You can categorise as cost of sales.

Feb 26, 2021 10:09 AM UTC

Thank you John, I will do that! Thought it seemed odd when nothing came up on the income tax report for my supplies purchases!