Rent, freight, electricity, tea for the shop: the money that leaves without an invoice attached to a customer, recorded where the rest of your books already are.
Sales are recorded because a customer is waiting for a bill. Expenses have no such pressure, which is why they end up in a drawer of receipts and a rough figure at the end of the year — and why a business that looks profitable on sales often is not.
An expense here takes a category, an amount and the account it was paid from, with the bill attached if there is one. Categorised, it is answerable: what did freight cost last quarter, what is rent running at, where did the month actually go.
Amount, date and what it was for.
Your own list — rent, freight, salary, whatever you track.
Upload the receipt so it is with the entry, not in a drawer.
Category-wise and period-wise, in the expense reports.
The money side of the business: what has been billed, what has been collected, what is still owed, and what the tax on all of it comes to. Party ledgers sit at the centre — every bill and every payment lands on somebody’s khata, and the balance there is the number you act on.
Most of this area runs on its own once bills are being raised: ledgers update as you bill, reminders go out on their due dates, and the GST reports are built from what is already recorded.
Where the money left from, and what the spending did to the profit.
Expense general · Expense category-wise · Expense transaction · Cash flow analysis
Every feature, by plan →Yes — categories are yours to define, and every expense is recorded against one.
Yes, the bill can be uploaded against the expense rather than kept on paper.
In the expense reports — general, category-wise and transaction — and in the cash-flow picture of the business.
A month’s profit is the two sides together, and one of them is usually the one nobody wrote down.
