How to Create an Expense

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All paid for transactions are expenses and will require an expense entry. However, if your transaction can be paid at a later date, this should be entered as a bill. Expenses are typically historical payments that have already been made. For all other transactions, to enter them as an expense follow the steps below:

  1. In the left navigation menu, go to Purchases > Expensesblobid0.png

  2. This takes you to the Expenses pageblobid1.png
  3. Click the Create button at the top right of your screenblobid2.png

  4. This takes you to the Create Expense page where you can enter the following:blobid3.png
    1. The Date of the expense
    2. The Account where the transaction will debited
    3. Vendor name, where the expense was made
    4. Paid through the card or bank account that was used to pay for the transaction
    5. Notes, if applicable
    6. You can enable the Apply Credit toggle to apply any credits
  5. Once all that is filled out, click the Create button at the bottom to finish creating the expense blobid4.png

               

 

 

    

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