Re: [Avid-L2] QuickBooks: What account to use for transcription

Wes,

Long ago, I created an Account in QuickBooks Pro named "Production
Services". Works for me, but then, I don't need my accounts to fit into
standard numbered accounts.

My CPA has never dressed me down for it, so I guess it's OK . . . . for
me and my LLC.

Brian Conner

wplate wrote:

> This is a QuickBooks question, but it is totally on topic since it regarding accounting for video production. Many of you are like I have until now been: editors without a single care about accounting. I still don't care much about accounting, but Wes Plate, Inc. is back in business so I find myself in QuickBooks a lot. Surely if we find the answer this thread will help others.
>
> I'm hoping one of you who also deals with bookkeeping can advise...
>
> So I'm paying for some transcriptions (I'm going to post a blog entry about the experience on my blog this week), I'm wondering what account I would use to record the expense. I probably have to create a new account, would be a different kind of account than an "expense"? It isn't Cost of Good Sold, is it?
>
> Gracias!
>
> -wes

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