Business Expense vs Business Services?

mikeallen7

Hi, Why do we have the two categories: Business Expense vs Business Services? These all seem like business expenses to me. What am I missing? When do I use one versus the other?

Thanks!

John_in_NC

Those categories are really more of a suggested starting point for new users. Feel free to edit/delete/add as you see fit.

You can go to Window: Categories to edit them. 

John_in_NC

Those categories are really more of a suggested starting point for new users. Feel free to edit/delete/add as you see fit.

You can go to Window: Categories to edit them. 

mikeallen7

> @John_in_NC said:
> Those categories are really more of a suggested starting point for new users. Feel free to edit/delete/add as you see fit.
>
> You can go to Window: Categories to edit them. 

Thanks for the reply!

So, from a profit and tax calculation perspective, I can merge them with no impact? Out of curiosity, what was the thought process behind have two categories?

Thanks, again!

NotACPA

Are both of those Expense categories?