Skip to main content
Zala98-0
Oct 28, 2024 12:04 PM UTC
Solved

Transaction

Hello Everyone, Here I am asking question again. I'm dealing with a Spa business and just wondering what's the proper category I should put the candles to? This is the first time I'm seeing a transaction spent on a candle. Is it going to COGS or to Office Expense? Your help will be very much appreciated.
 
kabel1657
kabel1657Answer
Oct 28, 2024 12:42 PM UTC

Hey @Zala98-0,

 

Great question. For a spa business, candles are typically part of the ambiance, so they usually go under "Office Expenses" or "Supplies" rather than COGS, since they're not directly resold or part of a specific treatment.

 

But if candles are sold to clients, you’d classify them under COGS. It’s all about the purpose—hope this helps!

 

P.S.: I’m a QuickBooks ProAdvisor with 7+ years of experience. Need help with QuickBooks Bookkeeping?

 

Google my username, @kabel1657, to see my proven track record!

View in thread

4 replies

kabel1657
kabel1657Answer
Oct 28, 2024 12:42 PM UTC

Hey @Zala98-0,

 

Great question. For a spa business, candles are typically part of the ambiance, so they usually go under "Office Expenses" or "Supplies" rather than COGS, since they're not directly resold or part of a specific treatment.

 

But if candles are sold to clients, you’d classify them under COGS. It’s all about the purpose—hope this helps!

 

P.S.: I’m a QuickBooks ProAdvisor with 7+ years of experience. Need help with QuickBooks Bookkeeping?

 

Google my username, @kabel1657, to see my proven track record!

    Zala98-0Author
    Oct 28, 2024 12:45 PM UTC

    Thank you. Want to make sure that I'm doing it correctly. Is Office Supplies & Software good to book this transaction to?

    KimAnnVA
    Oct 28, 2024 11:14 PM UTC

    Office Expenses, Business Expenses, Sundries.   Don't forget you can edit your chart of accounts names. 

      Terms & ConditionsAccessibility statement