You're taking an important step towards better financial management, Stefan. Let me provide you with the steps to include home office expense deductions in QuickBooks Self-employed.
First, you'll want to create transactions and categorise them as expenses. Here’s a simple step-by-step guide to help you do just that:
- Open QuickBooks Self-Employed.
- Click on Add a transaction.
- In the Account dropdown, choose Cash.
- Fill in the necessary details, including Date, Description, and Amount.
- In the Category section, choose the appropriate expense category (e.g., home office expenses, internet, utilities).
For more detailed information, you can check this article in adding those transactions: Manually add transactions in QuickBooks Self-Employed.
If you'd like to categorise your recurring transactions automatically, refer to this guide for complete details: Create bank rules to categorise banking transactions in QuickBooks Self-Employed.
Please don't hesitate to comment if you have any other questions or concerns aside from adding deductions to your expenses in QBSE. I'd be glad to help you anytime.
