What is the difference between Material Suppliers, Subcontractors and Other Costs?
Goldenseal accounting software includes three different types of vendor accounts. Usually it doesn't make much difference which you use for each vendor, but there are a few cases when it is important to use a particular type.
Use Material Supplier accounts for anyone who provides you with tangible supplies, or items for resale.
Use Subcontractor accounts for anyone who provides you with services.
Always use a Subcontractor account in these cases:
Use Other Cost accounts for utilities, insurance, advertising, tax agencies and other vendors who don't supply materials and who aren't subcontractors.
Always use an Other Cost account in these cases:
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