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silverhill16
Level 1

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

 
Solved
Best answer October 15, 2018

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Raywhite28
Level 7

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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2 Comments
Raywhite28
Level 7

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

qbteachmt
Level 15

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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