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September 10, 2021
Question

Categorizing pre authorized bank payments

  • September 10, 2021
  • 1 reply
  • 0 views

Hi, we have the quick books app. 

I am trying to categorise expenses. 

When I have gotten to inuit-quick book expenses for pre-authorized bank charges im unsure how to categorise the tax on these type of expenses.  

1 reply

September 10, 2021

Hi Koopkj.

 

Making sure that your taxes are correct on expenses is what good bookkeeping is all about. I'd be happy to point you in the right direction for this.

 

QuickBooks Online makes adding taxes to expenses as easy as clicking a button. When it comes to how you can categorize your taxes it's best to reach out to an accountant as they're trained in how to do this. If you don't have an accountant no worries, we can help. You can go to My Accountant>Find a pro to help to find one in your area.

 

If you have any questions feel free to reach out and we'd be happy to help.