ExpensesExpenses may be in the form of actual cash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts). Expenses are summarized and charged in the income statement as deductions from the income before assessing income tax. Whereas all expenses are costs, not all costs (such as those incurred in acquisition of income generating assets) are expenses.
To add new expense click on the aside menu Expense and New ExpenseEnter your name/title and accounts and click on Plus Button add your account Select date and enter your Notes Enter your amount details and category click on plus button add your categorySelect paid by and payment method and ReferenceClick on attachment add your filesSelect permission optionClick on submit option
Seting up recuring invoice is very easy. On the right side Advanced Option you can set when this expense to repeat. also customoption to fit for your needs is allowed.Goto Fin-Bank click on Recurring Invoice