friendlyhelp04 asked:


I am starting up my own consulting business. I’m not an idiot, but am having trouble with a couple of Quickbooks issues. I know very little about accounting, but I do have a degree in electrical engineering so I really am not an imbecile.

First, to keep track of business expenses for tax purposes related to my new consulting business, I am trying to input all the expenses I have already paid (laptop, software, paper, printer, postage, legal paperwork, etc.) to have Quickbooks keep track of it all. I have already paid for these expenses using an account that is not related to my business bank account (just set up my business bank account, so it wasn’t even in existence when I paid for these earlier expenses). When I try to input all these items into Quickbooks, it insists that I need pay them – but they’ve already been paid. How do I input them just for record keeping purposes only.

Also, some of my expenses (postage, photocopy/binding) are going to be passed through to my customers at a 30% markup. How do I get Quickbooks to do that?

Thank you!

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