Knowing how to correctly categorize transactions in QuickBooks not only keeps your financial reports accurate but also empowers your business decisions. Lets dive in: ✅ Understanding the Basics: QuickBooks divides transactions into three main categories: Income, Cost of Goods Sold (COGS), and Expenses. Income: This is what you earn from selling your products or services. It could be sales revenue, service fees, or even interest income. Ensuring every dollar is accounted for in the right income a
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Knowing how to correctly categorize transactions in QuickBooks not only keeps your financial reports accurate but also empowers your business decisions. Lets dive in: ✅
Melissa San Roman. Melissa San Roman · Original audio. Knowing how to correctly categorize transactions in QuickBooks not only keeps your financial reports accurate but also empowers your business decisions. Lets dive in: Understanding the Basics: QuickBooks divides transactions into three main categories: Income, Cost of Goods Sold (COGS ...
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