How Do I Input rental car expenses in QuickBooks?

I'm happy to see you again here in the Community, @hotshot20.

Let me share some insights about categorizing expenses in QuickBooks Online.

The cost of the rental car can be deducted as a business expense if it is ordinary and necessary to your business. To ensure the best course of action for your business, I'd recommend reaching out to your accountant. This way, we can keep your books accurate.

You can also seek help from our accountant from this site: Find an accountant or bookkeeper who loves your business as much as you do.

Once verified, you can now create an expense transaction:

1. Click the New+ icon.
2. Under Vendors, click Expense.
3. Enter the payee's name.
4. In the Account details section, enter the account.
5. Enter the amount that you need to deduct.
6. Click Save.

If you want to have another account to handle your rental expenses, you can always add it to your chart of accounts. Just refer to this link for the complete process: Learn how to set up and add accounts to your chart of accounts.

To add up, if you're using QuickBooks Self-Employed, car rental expenses can be categorized as Travel expenses. Feel free to see this reference to help you categorize your transactions.

I'm always ready to lend a helping hand if you need more assistance with recording your expenses in QuickBooks. Have a lovely day!