"aloha how do i add a new business expense? ie cost of goods sold is not coming up as an option or bank fees how do I add these"
Aloha to you, too, emmscakes.
I'm here to share some information about how categories work in QuickBooks Self-Employed.
Currently, the option to add a category is unavailable in QuickBooks Self-Employed. You can utilize the ones that are generated by the program. These categories are in line with the IRS Schedule C to ensure that your estimated taxes are reported properly.
We’ve heard that request quite a bit so maybe we will do so in the future. Actually, it's our most requested feature since we launched QuickBooks Self-Employed. I'll be taking this post as a feedback and add your vote to this request.
Please know that we preserve the integrity of the categories in the Schedule C. Rest assured, the program will provide the appropriate categories that best suit your transaction. You can refer to this article to learn more about the different categories in QuickBooks Self-Employed.
We'll keep you in the loop on our progress and will share any details as soon as we have them through our blog.
Do you have any other questions in mind? You can leave them below and I'll make sure to get back to you as soon as I can. Stay safe and healthy!