The web back office · 2 articles

Expenses and expense categories

Expenses records what the business spends, with tax, payment account and category, so costs are tracked alongside sales. Totals by category and period come together in the Expense Report.

Expenses2

Add an expenseRecord spending in Expenses > Add Expense (/expenses/create). Choose the Business Location, Expense Category, Date and Total amount; optionally set Expense for (a user), Expense for contact, Applicable Tax, a note and an attached receipt. Tick Is refund? for money coming back, or Is Recurring? to repeat it. Add the payment at the bottom and click Save. List Expenses then shows it with its payment status.Set up expense categoriesExpense categories group your spending so the Expense Report totals it by type. Go to Expenses > Expense Categories (/expense-categories), click Add, type a Category name and an optional Category code, and click Save. Pick the category on each expense in Expense Category.