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October 22, 2021
Question

How do I categorize payroll

  • October 22, 2021
  • 1 reply
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1 reply

MariaSoledadG
October 22, 2021

Let's make sure to correctly categorize payroll, mbellinghiere.

 

QuickBooks Self-Employed is designed to help freelancers and sole proprietors keep tabs on income, expenses, and tax obligations. Since you're self-employed, you own your business and don't have to do with any payroll-related concerns. But if you still want to include payroll, you can only categorize it as Other Business Expenses and tag it as Personal

 

However, I still recommend reaching out to your accountant for other ways on how to do it. For more information, I've added this article to know how you can organize your income and expense in your self-employed account. Categorize Transactions In QuickBooks Self-Employed.

 

Furthermore, you might want to upgrade in the future and may need more tools to keep up with your bookkeeping, check out this article for more details: Switch From QuickBooks Self-Employed to QuickBooks Online.

 

Fill me in and keep in touch if need anything else aside from payroll concerns. I'll be here to help.