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Craft business supplies- purchased over $7000 in wreath supplies, had sales of over $3000. How do I list supplies expenses all lumped together or mesh, ribbon, signs etc?

I do not keep an inventory, cash basis, cost receipts. 

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Ashby
New Member

Craft business supplies- purchased over $7000 in wreath supplies, had sales of over $3000. How do I list supplies expenses all lumped together or mesh, ribbon, signs etc?

I would lump together as supplies.

If you want to list some out individually, you can go to the miscellaneous expenses section and that opens up a line item worksheet that you can enter them separately.

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1 Reply
Ashby
New Member

Craft business supplies- purchased over $7000 in wreath supplies, had sales of over $3000. How do I list supplies expenses all lumped together or mesh, ribbon, signs etc?

I would lump together as supplies.

If you want to list some out individually, you can go to the miscellaneous expenses section and that opens up a line item worksheet that you can enter them separately.

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