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March 26, 2021
Question

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  • March 26, 2021
  • 1 reply
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Which Expense category do I use for tools purchased for my trade (Painting & Decorating). I'm using QuickBooks Self Employed.

 

Many thanks,

Steve

1 reply

March 26, 2021

I’m here to provide information, so you’ll know which Expense category suits these tools, @S_Smith.


In QuickBooks Self-Employed, expense categories line up with the tax form. To ensure QuickBooks matches it correctly, you’ll need to reach out to an accountant about this matter. They can give you advice on which expense category best for these tools.


You can check these references to learn more about expense categories in QBSE:

 


If you need more tips and information on how to manage your account and business finances. We have available resources, webinars, and training videos on our Support page. This helps you understand our product features, functions, and benefits of QuickBooks.


Don’t hesitate to let me know if you have other concerns or questions besides these expense categories. I’m always here to help you out. Take care and have a good day!