Question

How can I create a new category for transactions?

Forum|Forum|5 years ago
March 27, 2021
9 replies
35 views

No text available

QuickBooks Self-Employed

MJoy_D

QuickBooks Team

I can provide some information about adding new categories in QuickBooks Self-Employed (QBSE), @moh-gaafar88.

The categories we have in QuickBooks Self-Employed are in line with the Schedule C categories the IRS has for self-employed individuals. The feature to create a new category isn't available yet.

However, our Product Development team is now working on how to approach dynamic categories while maintaining their main use as tax categories for self-employed individuals.

For now, you can visit the QuickBooks Blog to check for new updates and features that we have.

See this article for more information about schedule C and expense categories in QuickBooks Self-Employed.

Here's a detailed guidance on how to manually add transactions in QuickBooks Self-Employed and on how to categorize transactions in QuickBooks Self-Employed.

Let me know if you still have questions about the categories that we have in QBSE and or anything else by leaving a reply below. Take care and have a wonderful day!

D

DebbiHenderson

I'm from South Florida and we are dealing with losses from Hurricane Ian. One of my clients has QBO Self-Employed. We would like to add a dedicated category to set apart his transactions he made because of business losses. We aren't sure what is going to be tax deductible but it would help to have these trans all in one place. Since you are not allowing me the capability of adding a specific category - do you have any suggestions?

JessT

Moderator

Hi Debbi,

Hope you and your clients are fine.

We're unable to give out advice on what category to use on your clients' transactions. However, we have an article that you can use as a reference when categorizing their losses. Please check this out: Schedule C and expense categories in QuickBooks Self-Employed. We would normally advise posters to refer to an accountant about accounting questions.

If you want to see more references for QB Self-Employed, you can visit the main support page, scroll down a bit, and click More Topics.

Let me know if you have more questions about your client's transactions. Take care!

S

Shane Zehra

You can create a new category by creating a new transaction, then in category dropdown , click on Add category , then a category will be added in your quickbooks.