Welcome to the Community, @price-chris17.
This will depend on how your business operates. Either of them is okay, however, I highly suggest consulting your accountant or accounting professional for guidance or advice to ensure your books are accurate for your business.
Just in case, I'll add these articles for future reference:
Please know that I'm only a post away if you have any other concerns. I'm more than willing to help. Have a great rest of the day!