Entering Pre Treading Expenses - Sole Trader/Cash Basis

SRK2024 · ‎February 16, 2024

How do I enter pre trading costs, I understand thery should be enered on the first day of trading, just not sure how to enter is in Quickbooks Simple Start.

GeorgiaC · ‎February 16, 2024

Thanks for joining the Community, SRK2024

You can enter pre-trading costs using an Expense transaction. In terms of what account to use, we'd recommend consulting with your bookkeeper or accountant to ensure that these are recorded accurately. If you don't already have an accountant, you can find a QuickBooks certified advisor near you on our online directory.

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Entering Pre Treading Expenses - Sole Trader/Cash Basis

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