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My furniture/antique business has a storage unit. what account should I charge this expense to?

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My furniture/antique business has a storage unit. what account should I charge this expense to?

Could be rent, could be storage fees, could be what you would like to call it. You can also, ask your accountant what they prefer.

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My furniture/antique business has a storage unit. what account should I charge this expense to?

Could be rent, could be storage fees, could be what you would like to call it. You can also, ask your accountant what they prefer.

View solution in original post

My furniture/antique business has a storage unit. what account should I charge this expense to?

It is Rent Expense, and you most likely need a W9 from them, as this is reported using 1099-Misc box 1.

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