Expense Types
This page provides instructions on how to create, modify, and remove expense types. When you create an expense, you must assign it an expense type. You can create as many expense types as you need. When you create an expense type, an expense account is also created.
Creating Expense Types
How to create a new expense type:
- Go to Admin>Manage Expenses.
- To open the form, simply click on the "Add Expense Type" button.
- Enter all the information required in the form.
- Click Submit.
Once you have created a new expense type it will be available in the table of expense types. Just click "Filter" button to view.
Fields for Expense Types
| Field | Description |
|---|---|
| Name | Name of the expense type e.g. Teas, Salaries, Administration Expenses etc.. |
| Date of Account | Date when an expense account is created. Useful when backdating expenses. |
| Currency | Expense currency. |
| Is Active | Is expense type active or dormant. |
Editing and deleting expense types
Please Note
Expense types that have transactions associated with them cannot be edited or deleted.
To edit or delete expense type:
- Go to Admin>Manage Expenses.
- Select currency and click "Filter".
- In the table, you can click the name of the expense type you want to edit or delete.
