About purchase categories
Learn about how to categorize your purchases to create more fine-grained reporting options.
Our Expenses feature is renaming to Purchases from 21 June 2023. More details →
Each one of the purchases you add to Craftybase can be classified with a category. This allows you to group together similar costs for reporting.
As a starting point, we provide you with a number of preconfigured categories in the system available to use however from here you can reconfigure and create your own to match your own specific requirements.
Your Material category is the default category you'll use to track purchases of raw materials you purchase to create your products. Any purchases added to this category will be automatically included in your inventory and will thus be included in your COGS calculations.
All other categories can be optionally used to track (overhead) expenses. Learn more about how to track overhead expenses →.
Default purchase categories
The default purchase categories we create for each Craftybase account are as follows:
|COMMISSION||Commissions and Fees||Other|
|REPAIRS||Repairs and Maintenance||Other|
|EQUIPMENT||Tools and Equipment||Other|
These categories are locked, which means that they cannot be removed or merged together. They can however be renamed (it's important to note however that the unique code needs to remain the same).
Adding a new purchase category
You can add as many purchase categories as you need. Categories can be added when creating a new purchase, or you can create these directly in your Categories pages.
To add a category via the Categories area:
- Hover your mouse over the slider icon in the main menu and choose Categories in the dropdown menu that appears.
- Select the tab called "Purchases"
- Click Add Category and give it a unique code, name, description, or color.
- Click Save.