Set up an Expenseadmin
Set up an Expense
- In the Account menu, select Expense Claims.
- Click on Create Expense Claim button.
- Update the expense claim fields.
- Depending on the user role, save as a draft or approve the Expense.
Expense Claim Fields Explained
|Receipt from||Here you enter the name of the person or organization who has sent the expense receipt.|
|Receipt Date||Enter the date of expense. This will be displayed on the expanse.|
|Reference||In the reference field, you can add any specific information to expense that will help you in searching the expense. This field has a 50 character limit.|
|Amounts are||Select either option:|
Amounts are tax Inclusive: If tax is included in the net amount that is equal to the gross amount of the Item.
Amounts are tax exclusive: If tax is not included in the net amount and will be charged separately.
Amounts don’t include tax: If the item or service is not taxable.
|Description||Here you can add some text to describe the goods or services you’re ordering for.|
|Qty||In the Qty field, you can add the Quantity of the Goods you have bought.|
|Unit Price||Here you add the Price per Item.|
|Account||In Accounts dropdown you can choose the Nominal Code which belongs to the Item. You can add a new Nominal Code from the Add Account button given in Dropdown.|
|Tax Rate||In Tax Rate, either you can select from the given tax rate options or you can add new custom tax from Add Tax Button given in Dropdown.|
|Currency||The expenses will be recorded in the base currency, you can not change it.|
|Total||Total is the overall amount that you are claiming from the receipt or bill.|