Where do I enter equipment warranty contract payments?
We make monthly payments on extended warranties for our equipment. Where is the best place to enter the payments? Repairs and maintentance? Dues and subscriptions?
We make monthly payments on extended warranties for our equipment. Where is the best place to enter the payments? Repairs and maintentance? Dues and subscriptions?
You could term it repairs or you could enter it as a miscellaneous deduction with the explanation, "equipment warranty".
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