cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Get your business taxes done right with unlimited expert help. Check out QuickBooks Live Expert Tax
Ugur01
Level 4

Categorization of Expenses

Hello,

I'm having trouble categorizing some transactions. Is there a document that explains these issues in detail?

 

- Apps

- Software

- Subscription

- Membership

 

Solved
Best answer April 17, 2024

Best Answers
Service
Level 6

Categorization of Expenses

An expense is an expense. You could easily put all four under professional, or subscription. The way I think about expenses, as long as you can defend the category you put it in, you will be fine. The categories are as much for your use as for anyone else. Does looking at that heading on your P&L give you the information you need? Or do you need to split it a little in order to give yourself more information?

 

Service

4/17/2024

View solution in original post

2 Comments 2
Service
Level 6

Categorization of Expenses

An expense is an expense. You could easily put all four under professional, or subscription. The way I think about expenses, as long as you can defend the category you put it in, you will be fine. The categories are as much for your use as for anyone else. Does looking at that heading on your P&L give you the information you need? Or do you need to split it a little in order to give yourself more information?

 

Service

4/17/2024

Ugur01
Level 4

Categorization of Expenses

Thank you

Get answers fast!
Log in and ask our experts your toughest QuickBooks questions today.

Need to get in touch?

Contact us
Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up