Solved

Self Employed - Creating own expense category

Forum|Forum|5 years ago
February 14, 2021
1 reply
19 views

Hello - I would like to create my own expense category in SELF EMPLOYED app. How do I do this? I have read the function is possible in other subscriptions but cannot find for SELF EMPLOYED. Thank you

QuickBooks Self-Employed

Best answer by AlcaeusF

Hi @carynv,

Welcome to the Community. I can provide some clarification about adding expenses in QuickBooks Self-Employed (QBSE).

The categories in the system are patterned after the categories provided by the HMRC As of now, the option to add new categories in the program is unavailable.

Please note that the Self-Employed version doesn't have an Accounting menu or Chart of Accounts, like QBO. This is the reason why you can't create another category.

While we assess this, I want you to be the first to hear about the latest QuickBooks innovations, so I’m including an article to view the details: Firm of the Future.

You can also check the following article for more information about custom categories: Custom categories in QuickBooks Self-Employed.

Drop me a comment below if you have any other questions concerning the categories. I'll be more than happy to help. Wishing you a good one.

AlcaeusFAnswer

Level 14

Hi @carynv,

Welcome to the Community. I can provide some clarification about adding expenses in QuickBooks Self-Employed (QBSE).

The categories in the system are patterned after the categories provided by the HMRC As of now, the option to add new categories in the program is unavailable.

Please note that the Self-Employed version doesn't have an Accounting menu or Chart of Accounts, like QBO. This is the reason why you can't create another category.

While we assess this, I want you to be the first to hear about the latest QuickBooks innovations, so I’m including an article to view the details: Firm of the Future.

You can also check the following article for more information about custom categories: Custom categories in QuickBooks Self-Employed.

Drop me a comment below if you have any other questions concerning the categories. I'll be more than happy to help. Wishing you a good one.

C

carynvAuthor

Thank you for taking the time to respond. Well noted!

J

jonbrown6

Hello GeorgiaC,

Thank you for your response.

Perhaps it would be better / clearer and less misleading for QB staff to mark the post as 'Answered' rather than 'Resolved'. This would be correct and accurate rather than marking it as 'Resolved' which is both incorrect and misleading.

However you look at it, the issue is not and has not been resolved by the answer given - therefore marking the post as 'Answered' makes sense - but marking it as 'Resolved' when it has not been resolved is untruthful and is misleading.

Thank you for the link to the Idea Exchange.

What I don't understand is why don't the category names match to the same as those shown on a self assessment return.

Under Self Employed on the SA100 return, you have headings for

Turnover

Other Business Income

Costs of good bought for resale

Consturction industry

Wages and salaries

Car, van and travbel,

rent rates, power and insurance

Repairs and maintenance of property and equipment

Phone, fax, stationery and other office costs

Interest on loans

Accountancy, legal and professional fees

The list goes on, so why don't the headings on Self Employed match the self employed pages of the SA100??

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