How To Create a Custom Category

GoDaddy Bookkeeping has a number of default categories available to help you organize your income and expenses.  Every category available from the dropdown menu correlates to a particular section on the Schedule C.  But sometimes you just want more details about how and where you're making and spending money -- this is when you might want to add a custom category.   When you add a custom category, as long as you associate it with a tax line, it will show up on your "Reports" and charts. 

 

If you'd like to add a custom category, please follow these instructions.

1. Click on "Manage" at the top of the page.

2. Depending on whether you want to add an income or expense category, click on the appropriate tab at the top of the manage page.

4. Click "+ New Expense Category."

 

 

 

Finally, you can tell GoDaddy Bookkeeping to assign this category to a specific line on the Schedule C, if desired.  To do so, click on the existing category and then select the category from the drop-down list: