What am I supposed to list purchases made on behalf of customers too? Or is it possilbe to add a new category
Usually this would be regarded as ‘Cost of Sales’. On the chart of accounts that would be any code within the 5000 - 5999 range, with General Purchases being the most common.
You could also create your own nominal ledger in the above range if you wanted to easily distinguish this cost in your accounts.
This topic was automatically closed after 7 days. New replies are no longer allowed.