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December 22, 2021
Question

Within my Expenses Tab - I have 'Everything Else' with a large negative number. Its left my overall Expenses as -£9 which is certainly incorrect. Does anyone know what might have happened?

  • December 22, 2021
  • 1 reply
  • 1 view
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1 reply

Level 9
December 23, 2021

Hello there, kotechfilms.

 

A negative expense would indicate an income. We can drill down to the transactions in the Everything Else section of your QuickBooks Self-Employed account. This way, you'll be able to see if they are correctly categorized. Categorizing your transactions can also help us if the estimated taxes are accurate

 

If you need more help in handling your expenses, taxes and reports in QuickBooks Self-Employed, you can check out these articles: 

 

Let me know if you have follow-up questions in customizing your reports and or anything else. I'm always here to assist. Have a great rest of the day!