The Category Breakdown report can be accessed by going to Reports under the Financial Statements header in COUNT. This report provides an organized view of your income and expenses across various categories, offering a clear picture of where your money is coming from and where it’s going.
Customizable Options
You can tailor the Category Breakdown report by:
Date Range: Select a specific financial period to analyze yearly, quarterly, or monthly data.
Type: Choose to display the data yearly, monthly, or quarterly, depending on the level of detail you need.
Account: Filter by individual categories or view data for all of them.
Tags: Select specific tags to further segment data by categories.
Currency: Choose the currency to view consistent financial values across your report.
Report Content
The Category Breakdown report includes the following sections:
Income Categories: Lists each income category and its total earnings, allowing you to see how much revenue each category generates.
Expense Categories: Breaks down expenses by type, such as accounting fees, marketing costs, training, and travel, offering a complete view of your spending habits.
Total Expenses and Income: Provides a final summary, giving you an overall financial picture of income versus expenses.
What does the report help with?
This report is particularly useful for:
Expense Analysis: By seeing how expenses stack up in different categories, you can identify areas where spending may be too high.
Revenue Distribution: Understand which categories contribute the most to your revenue and focus on growing those income sources.
Informed Budgeting: Use the category insights to allocate budgets more effectively, aiming to cut costs in less essential categories while supporting high-revenue areas.
You can easily export this report by selecting the Export as CSV button, allowing you to analyze or share the data outside of COUNT.
Pro Tip: Leverage the Category Breakdown for Budget Planning. Before finalizing budgets for the upcoming period, review this report to identify high-spend areas that may need adjustment. By analyzing past expenses, you can more accurately forecast and set realistic budgets, ensuring you allocate resources to areas that contribute most to your business growth.