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msstarrynight
Level 1

When i Buy equipment what category do i put it in and then when i sell it what category does it go in for quickbooks self employed?

 
1 Comment 1
IntuitLily
Moderator

When i Buy equipment what category do i put it in and then when i sell it what category does it go in for quickbooks self employed?

Thanks for coming to the Community for help, @msstarrynight.

 

Categorizing your income and expenses depends on the business you have. We've updated some existing categories and created new ones so it'd be easier for you to find which is specific. You can learn more from this link: Categories in QuickBooks Self-Employed.

 

To ensure your categories are accurate, it'd be best to consult with your tax adviser for guidance. This will help you prepare your income, expenses, and deductions for tax filing smoothly.

 

You may also refer to this article for additional information: QuickBooks Self-Employed Overview.

 

Please know you can reach me here anytime you need a helping hand with QuickBooks. Have a great day!

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