Tax category for commercial insurance

Hello!

Thanks for joining us again. I'm happy to go over this with you to make sure you have the right options for recording this kind of transaction in QuickBooks.

First, I wanted to let you know that I've had a moderator go in and change your community username as it appeared it was a company ID related to a QuickBooks account. The company ID is one of the identifiers an agent uses to help you with resolving your issues and answering your questions to make sure we're speaking to an authorized person on the account. Keeping those details private is important, so it's advisable to only share that number with people who need it. As Community is a public forum, this is not a secure environment to be posting it.

Now let's move on to your question. Although you've tagged QuickBooks Self-Employed in your post, I see you previously commented on a QuickBooks Online thread. In addition to this, the number that was previously your screen name leads to a QuickBooks Online account. Whether you're using QuickBooks Online or Self-Employed, the answer is the same for your question: speaking with a bookkeeper or an accountant is your best option.

As technical support, I can let you know how the program works and how to use the program to create various transactions. When it comes to which categories or accounts to choose for those transactions, I leave it to those with the training to advise you.

I know it's essential these details are correct, so I want to make sure you have the proper direction for these situations. It may be as simple as setting up a new tax code in QuickBooks Online for RST, but it's worth double-checking that. QuickBooks Self-Employed isn't able to set up custom tax codes at this time. Learn more about QuickBooks Self-Employed sales tax here: Sales tax overview.

When using QuickBooks Online, it's easy to connect with an accountant and they can even be added as a user to the account. The My Accountant tab allows you to both invite an accountant you're already working with via email or find an accountant by clicking the Find a pro to help button. Having an accountant as a user is a great asset as the program gives them direct access to your books and the tools they need to help make sure everything is lining up as needed.

QuickBooks Self-Employed doesn't have the option to connect with an accountant user, but that doesn't mean an accountant can't help you out. The QuickBooks Find an Accountant page is geared for QuickBooks Online and QuickBooks Desktop certified accountants, but you may get lucky and find someone who knows Self-Employed as well.

Feel free to leave the product development team feedback about connecting with an accountant user right in your account by clicking the Assistant tool, typing in Feedback, and then following the prompts. This is a great way to let us know the features you're looking for.

I hope that helps! I'm here if you have further questions.