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May 13, 2021
Question

How do i input my business insurance so it comes out monthly rather than in one big lump in transations?

  • May 13, 2021
  • 1 reply
  • 1 view
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1 reply

Moderator
May 14, 2021

I’m here to help record your business insurance in QuickBooks, @warwickshiredome.


You can manually create a transaction for your business insurance in QuickBooks Self-Employed. Divide the amount, then use the quotient for monthly transactions.


Here’s how:

 

  1. Go to Transactions.
  2. Select Add transaction.
  3. Enter the date, description, and amount (quotient).
  4. Under CATEGORY AND TAGS, click Select a category.
  5. Select Insurance.
  6. Choose Business Insurance.
  7. Press Save.


I’ve added these to resources to help you learn more about Self-employed business expenses and their categories:

 


If you need further assistance with managing business insurance, please let me know. I’ll be here. Have a great day!