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How to categorize LLC annual report expense?

justmejustme Member Posts: 5

Hello, so I paid for the LLC Annual report as required by law. but it doesn't seem to have a category. How do i account for this?

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  • MikegMikeg Member Posts: 995 ✭✭✭

    @justme,
    You can add an operating expense for Fees and Permits or Taxes-Other. Go to Accounting/Chart of Accounts/Expenses and add and operating expense. Categorize accordingly.

  • justmejustme Member Posts: 5

    Thanks Mike! I made a category called "legal fees" which deals with all the legal stuff we have to do for up keep.

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