Small Business tax, accounting, quickbooks management resources, tips and updates.
Saturday, June 16, 2012
Bookkeeping Tips: Expense Categories
When setting up a bookkeeping system determine business expense
categories by looking at the tax return that will be filed. For example,
if a Schedule C is filed, take a copy of a blank Schedule C and write
down all the categories that apply to the business. Include those
categories when setting up your bookkeeping system. http://www.bmfms.com