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emily1
Level 1

What should I categorize office furniture expenses?

 
2 Comments 2
john-pero
Community Champion

What should I categorize office furniture expenses?

Fixed Asset>Office Furniture 

 

Then let tour tax CPA determine if you can write it all off this year or depreciate over 5-7 years instead

rkoman
Level 1

What should I categorize office furniture expenses?

what if the office furniture cost less than 1000 and we want to charge to the income & expenditure statement in the year of purchase? what should we call that expenses?

 

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