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April 26, 2020
Question

Does my QuickBooks subscription add itself automatically as an expense or do I do this manually? what category should I put it in?

  • April 26, 2020
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1 reply

April 27, 2020

Hello dallas-doan,

 

This is a great question to keep on top of the options for managing your books in QuickBooks Self-Employed. I'll gladly go over this.

 

QuickBooks Self-Employed doesn't automatically create a transaction for your subscription in your books. If you have your bank feed connected, you'll probably see the transaction come through there if it's the same account you're making your monthly payments from. From there, you can categorize to add the transaction as needed. Otherwise, you can manually add the expense from the Transactions tab by clicking Add transaction.

 

As for what category you pick, that's entirely up to you! As tech support, I can't advise you on the specific details for managing your books, so when you're not sure, I recommend speaking with an accountant or bookkeeping professional.

 

I hope that helps.