stechman
New Member

How exactly do we handle writing off startup expenses for dog grooming equipment and supplies?

We purchased equipment both before and after we began taking clients. Some of this equipment is expected to last for several years (i.e., grooming table, clippers...), while other items are consumable supplies (i.e., shampoos). Initially, I categorized all of these expenses as Schedule C: Supplies (not from COGS) in Quicken, but I realize now that much of the equipment may be considered depreciable assets. What is the best way to handle this?