Why Set Up Expense Category Classifications for E-Invoices
Setting up expense category classifications for e-invoices ensures accurate tax reporting and compliance with regulatory requirements. Proper classification helps the system process e-invoice data correctly, making it easier to track expenses and generate accurate financial reports. This also reduces errors and improves efficiency in managing business expenses.
How to Set Up Expense Category classifications for e-invoices
1. Click on Purchases and select Expense Category
2. Click on an expense category
(If you don't know how to create an expense category, please refer to How to create an Expense Category)
3. Click on Edit
4. Select a classification
5. Click on Save
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