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Fuel Transactions - Which category to put under in QBSE?

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Hi guys,

Can you please advise under what category in Quick Books Self Employed do I put fuel payment transactions? I have read elsewhere that it should go under Travel Expenses (As I'm not tracking my mileage) but the QuickBooks SE website categories says it should go under car/van expenses. However, when I do this it doesn't reduce my Taxes? I do not want the hassle of logging mileage as my van is purely for work and very minimal personal use. I thought its easiest just to log all fuel transactions from my bank account under one category.

Thanks in advance 🙂

QuickBooks Self-Employed

A

Ashleigh1Answer

Hello PlumPlumb, Thanks for posting on the Community page,

If you aren't using the simplified expenses method/pence per mile/tracking mileage and you want to account for all your expenses relating to your vehicle separately then you would have to use Travel expenses category for this transaction. More information on simplified expenses can be found here and also more detail on allowable and disallowable expenses in QuickBooks Self Employed can be found here.

Any questions at all let us know we'd be happy to help further.

A

Ashleigh1Answer

Hello PlumPlumb, Thanks for posting on the Community page,

If you aren't using the simplified expenses method/pence per mile/tracking mileage and you want to account for all your expenses relating to your vehicle separately then you would have to use Travel expenses category for this transaction. More information on simplified expenses can be found here and also more detail on allowable and disallowable expenses in QuickBooks Self Employed can be found here.

Any questions at all let us know we'd be happy to help further.

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