“Put it in Office Supplies.”

That’s a bad idea, of course. Office Supplies isn’t a catch-all account for transactions that you don’t recognize.

Uncat can help. Mystery transactions – purchases from Amazon, deposits from Venmo, etc. – should go into Uncategorized Expense and Uncategorized Income (or their equivalents). Uncat can then help you get responses from your clients 10x faster than a spreadsheet.

That way, the transactions will go to the right accounts. You and your clients will save a ton of time and your reports and taxes will be accurate. It’s the cat’s meow!

Previous
Previous

$1 Million in Ask My Accountant

Next
Next

Write a Review on G2 and get a $10 Amazon gift card