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bteg15
Level 1

I am running a resale business. How would I categorize a transaction in quickbooks when I purchase an item I intend on reselling?

 
1 Comment 1
AileneA
QuickBooks Team

I am running a resale business. How would I categorize a transaction in quickbooks when I purchase an item I intend on reselling?

Hi there, @bteg15

 

Thank you for reaching out to the Community. Let me help you sort this out. You can categorize it as an income in QuickBooks Self-Employed. Let me show you how: 

 

  1. Click the Transactions.  
  2. Tap Add transaction
  3. Under transaction Enter a description, then choose a type either Business or Personal
  4. From the Category and tags, tap Select a category. Then choose Income
  5. Press Save once done. 

 

 

 

 

 

 

 

You can refer to this link to learn more about categorizing transactions: Categorize and edit transactions in QuickBooks Self-Employed

 

 

Should you have further questions or concerns in QuickBooks, you can always tap the Community team. It's always our pleasure to help.

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