How do expense categories work?
Expense categories can be used to classify each line item in your Expenses. This allows you to separate out amounts paid into different groupings which can be useful for reporting purposes.
There are a number of preconfigured expense categories in the system available to use:
|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. They can be renamed (however the code needs to remain the same).
You can also add your own categories if you wish.