Question

How can I create a new category for transactions?

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

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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!

M

moh-gaafar88Author

How about personal transactions
Any advice?

S

SarahannC

Level 9

Hello there, moh-gaafar88. Thanks for getting back to us.

For personal transactions, you can add them directly in QuickBooks Self-Employed. Within the Transaction menu, you can record your personal transactions. To guide you further, please follow these steps:

Go to the Transaction menu on the left panel.
Select Add Transaction.
Enter the amount and a description.
Select the Select a category menu. You'll be able to organize your transaction by selecting the best category for this transaction.
Add all the details need. Then, click Save.

Anytime, you can check this reference to learn more about categories in the program. If ever you're unsure on what category should be assigned to a transaction, it would be best to reach out to a tax expert. This helps you ensure you'll be keeping your data accurate in your QuickBooks Self-Employed account.

I'm adding this article as an additional guide when you're using your mobile device: Manually add a new transaction.

Please let us know if you have other questions about QuickBooks. Anytime, we're here to assist you further. Take care always.

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.