How do i make credit card transfers a business expense

In QuickBooks Self-Employed (QBSE), you can categorize transfers as Transfers to keep your accounting accurate, nichols.

Transfers aren't considered business expenses because you're not buying anything new. Instead, you're just organizing your payments to your bank or credit card for things you've already bought for your business. However, when individual expenses show up after a purchase, that's when you should mark those transactions as expenses. Here's how:

1. Go to the Transactions menu.
2. Find a transaction on the list.
3. Select Business if the transaction was for business.
4. Review the category in the Category column. QuickBooks tries to categorize transactions for you.
5. If you need to change the category, select the category link. Select a general type and choose a more detailed category.
6. Hit Save.

If you're unsure of categorizing this, you can consult with a tax professional or accountant to categorize your credit card transfer correctly. 

To keep your data accurate, feel free to visit these articles for additional tips:

• Categorize money transfers in QuickBooks Self-Employed.
• Schedule C and expense categories in QuickBooks Self-Employed.

Don't hesitate to post again if you need more help keeping your personal and business expenses separate to maintain clarity and accuracy in your financial records.