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October 30, 2021
Question

How do I record fuel/car expenses

  • October 30, 2021
  • 1 reply
  • 0 views

When adding fuel/car expenses, do I add the whole amount to QB or just the amount used for business purposes?

For example, I use my car for business purposes about 30% of the time and I paid 50$ for gas. 

Do I input the whole 50$ into quickbooks as an expense or just 30% of it?

1 reply

November 1, 2021

Hello gkapo7,

 

QuickBooks Online is a dynamic program that simplifies the way you manage your transactions. I'll be glad to point you in the right direction so you can get the resolution you need in a timely manner. 

 

Recording your transactions properly is an essential step for maintaining clean books. Based on what you've described, I'd recommend reaching out to an accounting professional for expert advice on how to record the transactions. If you're not in contact with a professional, don't worry, you can search for one using this link here.

 

I'll also leave this question open in the Community so other accountant users can share their advice. Otherwise, feel free to ask other questions, I've got your back.