Managing expense types in COUNT allows you to customize how expenses are categorized, making reporting and analysis more streamlined. In this article, we’ll cover how to add, edit, and delete expense types.
Step 1: Navigate to the Expense Claims Section
On the left-side menu, click Expenses > Expense Claims.
Hover over the Manage Expense Types tab to access the page for managing expense categories.
Step 2: Add a New Expense Type
Click Add Expense Type in the top-right corner.
A pop-up will appear where you’ll need to:
Enter the Expense Name: Provide a clear and concise name for the expense type (e.g., "Travel", "Meals", "Office Supplies").
Select an Account: Choose the account with which this expense type will be associated.
Once you’ve filled in these details, click Add to save the new expense type.
Step 3: Edit or Delete Expense Types
You can also edit or remove existing expense types as needed:
To edit an expense type, click the pencil icon next to the name.
To delete an expense type, click the trash icon.
COUNT provides a variety of default expense types, but you can customize the list to match your business’s specific needs.
Pro Tip: Organize your expense types effectively by ensuring each type is clearly defined and associated with the correct account. This will make your expense reports more accurate and easier to analyze.
Managing your expense types ensures that your financial reports reflect accurate and relevant data, giving you deeper insights into your business spending patterns.