Recording Business Expenses

Recording business expenses is essential for accurate financial reporting, budgeting, cost control, performance evaluation, and audit preparedness. It provides the foundation for effective financial management and decision-making within your business. 

You can record your business expenses on the app, so you get to see how much of your business revenue is used to run the business. To record them, you must first create an expense category to help you properly group them. 

How to create a business expense category:

• Log into the app
• Click on More

• Click on Expenses

• Click on Categories 

• Click on Add Category

• Provide the title and description and click on save

How to and an Expense

• click on Expenses

• Click on Add Expense

• Provide the required details and click on save