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Jan 22, 2021 10:58 PM UTC
Question

Which category does a monthly internet charge fall under? I use internet to access music streams in my spa and for my POS equipment and QBO. Tia :)

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1 reply

PatriciaT
Jan 25, 2021 4:26 PM UTC

Hi colette-symmetry,

 

Welcome to the Community family! I know how important it's to accurately organize your books in the running of your business. QuickBooks Online automatically sets up a chart of accounts for you with different account types to categorize transactions. I'll be happy to point you in the right direction with this.

 

When it comes to whether you should record a transaction, how to record it, and how to categorize it, your accountant is the best resource for more information and proper guidance. For that matter, I'd strongly encourage you to reach out to an accountant to ensure that everything's lining up correctly for your business needs. You can easily invite an accountant to your books or find one in your area. Just head to the My Accountant tab to get started, then select Find a pro to help.

 

If you need to create a new category that will best suit your transaction, here's how: Add an account to your chart of accounts in QuickBooks Online

 

You may also find this other article useful: Learn about the chart of accounts in QuickBooks

 

I hope this helps! Feel free to reach out any time if you need anything else.