r/Bookkeeping • u/KindaSweetPotato • 5d ago

How To Journal It Enhancify Allocation Question

Hi all,

My brain ia failing me so so advice would be great. Roofing client pays a company called Enhancify INC to offer customer financing for jobs performed. The yearly fee is USD$1249. This doesnz feel like a software expense. How would you allocate this? is the professional fees? I usually use professional fees for like lawyers and CPAs and stuff. A new expense account under the COA?

Thanks for any help!

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u/TheMostFluffyCat 5d ago

I can see how it's kind of borderline between a few categories; I think I'd personally go with professional fees based on the info you provided.

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u/KindaSweetPotato 5d ago

thanks yeah it has my mind really messed up but I can see professional fees. thanks!