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MP Education
Level 1

What expense category does a company statement invoice go under?

Hi All,

 

I have paid the company statement invoice to ASIC, which expense category I should create or pick from the existing list?

1 Comment 1
Lucas - Product Champion
Content Creator

What expense category does a company statement invoice go under?

Hi MP Education, 

 

Thanks for reaching out. For a question like this, we wouldn't be able to recommend a specific account to categorise your transaction to, as every company's books are different - I'd recommend you reach out to your Accountant or a QuickBooks Online Certified ProAdvisor for best practice to make sure everything is being recorded properly. 

 

Please reply here if you have any additional questions. 

 

-Lucas