Expense Category

beanhammerbeanhammer Member Posts: 1

Hi All,

My partner is a sole trader (UK) and I am helping her with wave - she is a freelance artist.

There aren't a lot of transactions yet but most of the purchases that she's made through her business account are for paint/brushes etc - I've been marking these down under the "Office Supplies" Expense Category.

Is this correct?

Comments

  • JamieDJamieD Administrator Posts: 1,091 admin

    Hey @beanhammer. Technically this would be right.. but you can also create custom categories in the chart of accounts section -- so if you wanted to create something such as 'artist supplies' I feel as though that might be a better option in this situation, but entirely up to you!

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