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August 21, 2021
Question

How do show a reimbursement not as income?

  • August 21, 2021
  • 1 reply
  • 0 views
I do a categorize a reimbursement?

1 reply

JessT
August 21, 2021

Hi c-vail01,

 

You can use Personal Withdrawal if you want to reimburse yourself or Personal Deposit if you want to put money back into your business. You may also use the Transfer category. They don't count towards your income or expenses. However, it's still best to consult an accountant about categorizing your transactions.

 

Here's an article for your additional reference: Schedule C and expense categories in QuickBooks Self-Employed. See this section: Learn how Schedule C categories appear on reports.

 

Let me know if you have more questions. Have a good day!