Hi there, George.
QuickBooks will create default expense categories in your Chart of Accounts. However, you can always create your own custom categories. Here’s how:
- Go to Accounting from the left menu and choose Chart of Accounts.
- Click the New tab at the top.
- Select a Category /Account type (Expenses or Other Expenses).
- Choose a Detail type. You can check the description below to help you decide the right one.
- Type in the Name and click Save and Close.
For more information about inventory and how to set it up, please check this article: https://quickbooks.intuit.com/community/Inventory-and-projects/How-to-set-up-Inventory-and-tracking/...
Please note that the inventory feature is only available in QuickBooks Online Plus edition. If you’re using the Simple Start or the Essential versions, you can upgrade your subscription by following this article: https://quickbooks.intuit.com/community/Account-management/How-do-I-upgrade-my-QuickBooks-Online-sub...
Don't hesitate to keep in touch if there's anything else I can do for you. I'll be glad to help you anytime.