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T
Taxes_for_days
September 23, 2019
Question

Need help setting up a new Expense Account for Company Benefits

  • September 23, 2019
  • 1 reply
  • 0 views

Hi there,

 

I just need some advice with regards to setting up a new Expense account in QuickBooks Online. My company has recently acquired benefits for the employees. I am trying to figure out what the account type is: Expenses or Other Expenses

 

Also I was wondering what people would put for the Detail Type for the given type of expense? 

 

Many thanks,

1 reply

J
JamesM
September 23, 2019

Hi there, 

 

Happy to hear from you again! It's vital that you use the correct account type in order to avoid any discrepancies in the future. 

 

I recommend reaching out to an accounting professional to get the best advice on which Account and Detail type is most appropriate for your business. If you're not in contact with one, I encourage searching for one on our website using this link here. Let me know if you have other questions. I'm here to assist. 

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