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October 3, 2019
Question

1. Should I regroup all start up cost together and make one journal entry?2. Should I categorize each expense or have a startup expense account?3. What date do I use?

  • October 3, 2019
  • 1 reply
  • 1 view
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1 reply

Level 5
October 4, 2019

Hi there,

 

Welcome to the Community! I'll be happy to steer you in the right direction with this.

 

It's important you enter your transactions the best way possible in order to avoid any discrepancies in the future. To make sure the transactions are handled accurately, I recommend reaching out to an accounting professional. If you're not in contact with one, I recommend searching for one on our website using this link here. Let me know if you have other questions. I'm here to assist.