Add expense categories
From here you can add and manage your expense categories
To add the new category, simply click on the add button right corner,
Now, Enter the name of the category, and the category code if you want to, also there is a subcategory option if you want to create subcategories.
Here are some of the standard categories that work for most of the businesses.
Rent and Lease Expenses:
Office space rent
Equipment lease payments
Utilities:
Electricity
Water
Gas
Internet and phone bills
Insurance:
Property insurance
Liability insurance
Health insurance
Salaries and Wages:
Employee salaries
Bonuses
Overtime pay
Benefits:
Employee benefits (healthcare, retirement plans)
Payroll taxes
Office Supplies:
Stationery
Printer supplies
Office furniture
Travel and Accommodation:
Business travel expenses
Accommodation expenses
Marketing and Advertising:
Advertising campaigns
Marketing materials
Website maintenance
Professional Services:
Legal fees
Accounting fees
Consulting fees
Maintenance and Repairs:
Equipment maintenance
Facility repairs
Software and Technology:
Software licenses
IT services
Website Hosting
Taxes:
Income taxes
Property taxes
Sales taxes
Transportation:
Vehicle expenses
Fuel
Maintenance
Depreciation:
Depreciation of assets
Training and Development:
Employee training programs
Educational resources
Miscellaneous:
Bank fees
Subscriptions
Membership dues
Last updated