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Do You Keep Inventory

1112 Views 1 Reply 2 Participants Last post by  Printavo
I've built an extensive item list in QB, I've even built assembly items to track parts we use in trophies and awards.
I just saw my accountant and he tells me businesses my size don't need to track a lot of the stuff (like how many nuts I use in a trophy) and that I can just expense them all as supplies?
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I would listen to what your accountant says on it as this is a state by status issue. You could definitely call and ask another accountant though to verify.
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