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wendy645
May 21, 2023
Question

Selling parts I dont inventory

  • May 21, 2023
  • 1 reply
  • 0 views

My son and I run a mobile mechanic business. I have been doing all my invoicing to customers and now I have a pile of receipts for parts sold to the customers that I have not added as expenses yet. Invoices to customers go out before I have the paperwork for the purchases and now they are paid and closed. We have marked up these parts. How do i now categorize these purchases. I've been reading for 2 days. HELP

1 reply

J
JamesM4
May 22, 2023

Hi wendy645,

 

Welcome to the QuickBooks Community. QuickBooks is an easy-to-navigate program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

In order to accurately record your transactions, I highly recommend consulting an accounting specialist for expert suggestions. This ensures your books remain accurate while you continue to manage your work with peace of mind. You can also get in touch with a professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. In the meantime, feel free to check out the following article that shows you how to: Categorize and match online bank transactions in QuickBooks Online.

 

Let me know if this info helps. Otherwise, feel free to ask questions in the comments below.

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