How do I categorize expenses in QuickBooks?

 First of all you need ensure relevant expense accounts are opened in chart of accounts.


Connect all banks and credit cards for bank feeds. If they are nor connected you can import bank statements in QBO.


Select transactions from bank feed and update category(select relevant expense category). then click on add/accept.


You can also enter expenses manually.


From left pane select expenses>expenses>new transaction>Expense


Expense form will open


Enter relevant information


1.Payee

2.Payment account

3.Date

4.Method

5.Ref

6.Category

7.Amount

Close and Save


For further information visit our Website: Quickbooks Solutions

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