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I appreciate you coming back to us, tlanegoddard-gm
The categories available in QuickBooks Self-Employed (QBSE) are aligned with the categories found in the 1040 Schedule C form. You can refer to this article about Schedule C and expense categories in QBSE for the list of categories that best fits to third party settlement.
To make sure the categories you used are accurate, I suggest reaching out to your accountant to seek professional advice. Or, you can post your questions here. There are available experts who can share their best practices with you.
I can see the importance of being able to customize a category in QBSE. In line with this, our product developers are working on expanding the ability to manage categories by creating an option to customize your own categories.
While this is not yet available, you can regularly visit this article where we provide updates regarding the progress of this project: Custom categories in QuickBooks Self-Employed.
If there's anything I can help you with, feel free to drop me a reply below. Hope you have a good one.
@tlanegoddard-gma RE: How can i add my own catigories? the self employed does not have categories i need.
What @Charies_M means, but just can't bring himself to actually say it, is "you can't".
I find it amazing that Intuit would offer what it claims is an accounting program where you can't change the chart of accounts. It's beyond me how anyone ever thought that was a good idea.
The very idea that your chart of accounts should match a tax form is bankrupt from the start. That has never been a think in the accounting world and never will be. I've no idea where Intuit came up with that idea - from people who should be experts in the field.
RE: Do i need to change my plan so i can get different categories?
Yes, you need to upgrade and pay more in order to modify your chart of accounts.
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