Thank you for the help and for the quick response! This is where things get muddied. If I enter it in as "Asset", it says "Based on the cost of the item, we recommend that you write off this item as an expense instead of an asset." It will allow me to continue entering it in as an asset but I want to make sure I am doing things right. I just want to make sure it's not supposed to be in one of the other expense categories.
Another question. Should I be grouping items together? For example if I bought notepads and pens, should I group all the notepads/pens I bought throughout the year together and put them under one line item?
