Expenses

Expenses

You can keep a register of all your expenses. Note that you can use manual journal entry to record expenses.

Expense Types

This helps you to categorize your expenses. To view a list of all your expense types, click Expenses menu then click Manage Expense Types.

Add Expense Type

To add new expense type , click on Expenses menu then click Manage Expense Types then click Add Type. This will open the expense type create page offering a series of text inputs. The form contains:

  • Name: The name of the expense type
  • Expense Account: An expense account that is debited when an expense is recorded
  • Asset Account: An asset account that is credited when an expense is recorded

View Expenses

Clicking View Expenses will open expenses list page. On this page you will see a table with columns below:

  • ID: The system id of the expense
  • Expense Type: The expense type
  • Amount: The cost amount of the expense
  • Date: The date the expense was recorded
  • Description: Any additional details.
  • Action: Further actions that you can take on the row like edit or details

Add Expense

To add new expense , click on Expenses menu then click View Expenses then click Add Expense. This will open the expense create page offering a series of text inputs. The form contains:

  • Branch: The branch of the expense
  • Expense Type: The expense type
  • Currency: The expense currency
  • Amount: The cost amount of the expense
  • Date: The date the expense was recorded
  • Expense Account: An expense account that is debited when an expense is recorded
  • Asset Account: An asset account that is credited when an expense is recorded
  • Recurring: Whether the expense is recurring or not
  • Recur Frequency: The frequency at which the expense recurs for the recurring type.
  • Recur Type: The period of time which the recur frequency occurs.
  • Recur Start Date: The date to which the recurring starts.
  • Recur End Date: The date to which the recurring should stop.
  • Description: Any additional details.

Expense Details

This page shows details about the expense