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jujua20
November 25, 2023
Question

To which chart of account do I record a trade show attendance?

  • November 25, 2023
  • 2 replies
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I attended my first trade show this year and I'm unsure under what chart of accounts do I assign my expense. If I create a new one labeled Trade Show Attendence, would that fall under general business expense? Thanks!

2 replies

BigRedConsulting
BigRedConsulting
November 27, 2023

This is really a question for your accountant.

Service
Service
November 27, 2023

This is an interesting question. It kinda depends on how much detail you need at the end of the year for taxes. QBO doesn't support endless levels of accounts, nor are they always necessary. IMHO, I would put your airfare, hotel, and rental car under travel, meals under travel meals, and trade show entry fee under Professional Development. In the Description of each expense, I would enter something like "Tradeshow in DC" so that you can do a query on the term if necessary. 

 

 

 

 

 

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