How to add expenses?

Here is a step-by-step guide on how to add expenses in InvoiceQuick:

 

Click on Expenses from the left menu.

Click on the Add new button.

1. Fill in all the necessary data for the expense. The required fields include the vendor from dropdown menu, name, amount, and date. Additionally, you need to specify the payment method and expense account. If you want to bill specific expenses on an invoice, you can assign a customer to the expense.

1. You also have the option to mark the expense as Cost of Goods Sold, which will be reflected in the Profit and Loss report. You can also attach any relevant files or documents to the expense.
2. You can also make it as recurring expense, where you can add it now, or on specific date, add the frequency and number of how many you wish to send in the future.

Once you have entered all the necessary information, click on the Save button to store the expense details.

By following these steps, you can easily add expenses to your InvoiceQuick account. This allows you to accurately track and manage your business expenses, generate reports, and include them on invoices when needed.