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March 4, 2021
Question

How do I manually add profit and deductions from events we put on? Only thing under Profit and loss, it says add an account. I just need to be able to track profit and loss along with deductions from our events. How do I do this?

  • March 4, 2021
  • 1 reply
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1 reply

AlexV
Level 10
March 4, 2021

Let me share details on how to handle your profit and deductions in QuickBooks Self-Employed, monstertruckraci.

 

This version helps you to track your self-employed income and expenses. Aside from connecting your bank to download them automatically, we can manually record the transaction.

  1. Go to the Transaction menu and select Add Transaction.
  2. Enter the amount and a description. Choose either the transaction is for Business or Personal.
  3. Select the Select a category menu. 
  4. When you’re done, select Save.

 

Please note that the categories in QuickBooks Self-Employed correspond to the correct line of your Schedule C.

 

I've added some links you can check. These will explain more on how to handle transactions and how to use QuickBooks Self-Employed.

 

Leave a comment below if you have more questions. I'll be here!