lifestyleniom.blogg.se

How to record expenses in quickbooks for 1099 contractors
How to record expenses in quickbooks for 1099 contractors












how to record expenses in quickbooks for 1099 contractors

I always did my own taxes before this LLC. This is my first time trying to do this as an LLC instead of just a side gig. My CPA is hammering me into using quick books but I can't fault them because it will make my CPA bill cheaper come quarterly or year end.

how to record expenses in quickbooks for 1099 contractors

In quick books it's like adding a fifth dimension. Say one month I am doing a remodel, so I need to record every cost for that project so when I get paid I can apply the paid amount against those expenses and show what profit I need to pay tax on. I need to have each Job/Project accrue its own list of expenses. candy store with candy inventory selling to random daily customers vs myself, construction guy building various projects) I have watched several YouTube videos on recording expenses in quickbooks but they all have a variance either because of dated video, or from a different type of business (i.e.














How to record expenses in quickbooks for 1099 contractors