ToddL99
Expert Alumni

Deductions & credits

As long this category and description meet your management needs (to properly identify and track costs), that would be a perfectly acceptable approach,  i.e. "list the cost of the goods used for the job under "Business Income and Expenses / supplies" and create a category  called "JOB materials and supplies". 

 

Remember to be consistent from year to year in how you categorize & report like-type expenses.

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