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Level 1

How do you categorize actual inventory ?

 
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How do you categorize actual inventory ?

Hi there, @adispilavdzic.

 

Welcome to the QuickBooks family. Let me share some clarification about categorizing actual inventory.

 

Currently, an option for inventory tracking is unavailable in the Self-Employed version. If you're referring to the categorization of transactions related to inventory, like supplies, I recommend choosing the closest one you can find.

 

The program is in line with the IRS Schedule C categories. If you're unsure of what to choose, you can visit this link for more information: Schedule C and expense categories in QuickBooks Self-Employed.

 

In case you need the steps, here's how:

 

  1. On the left navigation bar, click Transactions.
  2. Select Business, Personal, or Split.
  3. Choose the category. 

For more information, as well as how to categorize using the mobile app, I recommend the following article: Categorize transactions in QuickBooks Self-Employed.

 

Fill me in if you have additional questions about using QuickBooks Self-Employed. I'm always here to help. Take care always.

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