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I am a single employee painting business. I am the owner, laborer, etc. I am doing a job for another business owner as contract labor. I received some money for materials I bought for the job and deposited it into the business account. How would I enter this into quickbooks? I know how to do the deposit, I guess I am asking what kind of account do I need to create or use for the reimbursement?
Thanks!
Solved! Go to Solution.
Income for goods sold
Expense for goods purchased
Your 1099 you receive may and can include this amount and not just your labor
Income for goods sold
Expense for goods purchased
Your 1099 you receive may and can include this amount and not just your labor
Hey thanks John
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