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December 27, 2022
Question

Where should phone insurance be properly catergorized?

  • December 27, 2022
  • 1 reply
  • 8 views
For monthly phone insurance, should it be categorized as "insurance", "software & apps", or some other business expense category?

Also what expense category should the icloud data storage monthly charges be categorized as?

Thank you

1 reply

Rustler
Level 15
December 31, 2022

I would use the phone expense account for the phone insurance

 

data storage I would use the internet expense account, or create a sub account of internet expense and use that