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We'll create an expense entry to keep track of your items' expenses, mujahid. I'm here to ensure you can handle this task with ease.
First, we need to set up your fuel, materials, and labor costs as either service or non-inventory items. Keep in mind that we will create these items individually.
Here's how:
Here's an article that covers all the details of how to create an inventory, non-inventory, service, and bundle items: Add product and service items to QuickBooks Online. From there, you'll also learn about changing the product and service types.
After setting up everything, record the expenses in your company. In addition, you can also enter bills and cheques to track your supplier's transactions and payables.
Furthermore, refer to these resources for tips on managing your business projects and balancing your bank and credit card accounts:
Drop a comment below if you need further assistance navigating through the product or have additional questions about tracking your expenses. The Community is always ready to assist you further.
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