Creating Expense
Every expense in the system is associated with an expense type upon creation. For more on expense types, see Expense Types. When an expense is created in the system, a double entry is made on the corresponding accounts.
Expense creation
To create a new expense:
- Go to Expenses>Add Expense.
- Enter all the information required in the form.
- Click Submit
Fields for expense:
| Field | Description |
|---|---|
| Expense Type | Name of the expense type e.g. Teas, Salaries, Administration Expenses etc.. |
| Fund Account | Account that provides cash for a particular purpose |
| Expense Name | Name of expense being recorded. |
| Expense Amount | Total amount of an expense. |
| Expense Date | The date when the expense was incurred. |
| Reference | expense reference . |
| Description | Description of the expense. |
Deleting expense
To delete an expense:
- Go to Expenses > View Expenses.
- Select currency and filter the expense you want to delete.
- In the table, you can click expense name to view additional details of an expense.
- To delete an expense, click the "Delete" button on the expense you want to delete. A confirmation dialog box will appear. Click "Delete" in the dialog box to confirm the deletion.
Please Note
You can only edit an expense by deleting the existing entry and creating a new one.