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May 13, 2021
Question

How come my expenses is only £400 for the year

  • May 13, 2021
  • 1 reply
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1 reply

May 13, 2021

Thanks for reaching out to the Community forum, marion-grant-liv.

 

The expenses showing on your QuickBooks Self-Employed (QBSE) account depends on how you categorize your transactions. 

 

To isolate why your expenses are only £400 for the year, let's check how your transactions are categorized. Here's how:

  1. In the left menu, click Transactions
  2. Click the Type: All drop-down menu. 
  3. Under the  Business section, select Spending

You can also run the Business and personal expenses report to see a list of all your expenses broken down by category. Follow the below steps to run the report:

  1. In the left menu, click Reports.
  2. Locate the Business and personal expenses report.
  3. Set the year.
  4. Click the View link. 

From there, you'll see all your expense transactions. 

 

As always, you can visit our QuickBooks Community help website for tips and related articles for your future references.

 

If there's anything else you need help with, let me know by adding a comment. I'm more than happy to assist you. Have a great day!