How to indicate if a new category is for business income and expense?

As a non-profit, I am creating new categories for business income and expenses but they all show up in the "Personal" group. I cannot see how to create them in the Business group or to edit them to move them from Personal to Business. Instructions?

Answers

  • volvogirl
    volvogirl SuperUser ✭✭✭✭✭

    To be included in business reports (and I don't know where else) you have to assign the category to a schedule C tax line item number.  To check the tax line assignment open the Category list by either clicking on the Category Icon or go to Tools-Category List or Ctrl+Shift+C.  Then select the category and right click on it to Edit it.  Click on the Tax Reporting Tab and check the box for Tax related and pick a Schedule C: tax line item.