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Chapter 1. Setting Up Your Company with ... > Setting Up Other Charge Items

Setting Up Other Charge Items

Other charge items is the term QuickBooks applies to amounts you charge customers for extras like shipping, packaging, delivery fees, insurance, warranties, and so on. These are fees in addition to the income you receive from goods and services. Sometimes you assess the fees yourself, and sometimes you pass through a fee from a third party such as a courier service.

Set Up Other Charge Items

Select Yes in the EasyStep Interview when asked if you want to set up an Other Charge Item.

Click Next.

Enter a name for the item.

Enter a description for the item.

Enter the price that you normally charge for the item, or leave this field blank if the price is variable.

Check the box if this item is normally subject to sales tax.

Click Next.

Select the income account associated with sales of this item.

Click Next.

Select Yes if this is an item you purchase regularly and for which you want to enter purchase information (you might not see this option depending on information you entered on earlier setup screens).

If you selected Yes in step 9, you are prompted to enter a purchase description and cost.

Click Next.

Enter the expense account in which you would normally record the cost of acquiring this item.

Click Next.

Repeat steps 1–14 for all other charge items.


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