How to Create an Expense in Biztory

Modified on Tue, 30 Apr 2024 at 11:27 AM

Why do you need to create an Expense

By recording your expenses like rent, office supplies or travel costs, you gain a clear picture of where your money goes as it allows you to identify areas where you might be spending too much. 

Keeping a record of your expenses is crucial for tax purposes as it provides documented proof for tax filing and allows you to claim deductions for legitimate business expenses. 

How to Create an Expense in Biztory?

1. Click on Purchases and go to Expenses

2. Click on Add New

3. Fill up the form

3.1 Click on Add Supplier to choose your supplier.

3.2 If you don't have any existing supplier, you can create one here. Here's how to;

How to Create a Supplier in Biztory

3.3 Fill up your expense details here.

3.4 Fill up the expenses category details in the line item section.

3.5 If you have no existing expenses category, you may click here ;

How to Create an Expense Category 

4. Once you're done, hit Save.

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