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Updated about 1 year ago,

User Stats

46
Posts
25
Votes
Jessica DiPonziano
Pro Member
  • Investor
25
Votes |
46
Posts

Tax Transaction Category Question

Jessica DiPonziano
Pro Member
  • Investor
Posted

In New Jersey,

I'm using Stessa for my accounting. What categories to things like chair leg floor protectors, "use other door signs", sticky hooks for towels, wall decorations, combo locks for doors, out of these categories what would I put these items under? It’s for a furnished rental. But its doesn't seem to be a capital expense I would think since they aren’t furniture?

These are the possible categories that make somewhat sense? But what would be best?

- Repair & Maintenance Supplies

- Other Repairs

- Linens, Soaps, & Other Consumables

- Capital Expense:  New Furniture & Equipment

This is a master list of their categories https://support.stessa.com/en/articles/3131090-stessa-catego...

Also where does one categorize CashBack rewards from credit cards?

  • Jessica DiPonziano
  • Loading replies...