What is an Expense?

Multiple ways of creating Incomes and Expenses

Hatim S
Written by Hatim SLast update 3 years ago

Every time you make an expense towards your project(material purchase, labor, transport, etc.) or towards yourself(profit), you note it in this section. 

You can add a note for you to remember any information about that particular Expense.


Categories will help you identify where is all the expense happening, and keep a track of your project's spend.

You can categorize your spends in multiple ways according to your convenience. This is to manage and know what directions your expenses are going into in a project. Following are the ways you can do it:


Example 1:

Design Fee

Material Purchase

Labour

Transport

Loading/Unloading

Miscellaneous


Example 2:

Decor

Civil

Electric

Plumbing

Carpentry

Miscellaneous


You can create any number of categories to manage your expenses.

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