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How do I create new Expense categories
How do I do the following when trying to Explain a transaction:
1. Create new types of 'Admin Expense'. ie Parking
2. Create new types of 'Taxes'. ie Federal Tax and Provincial Tax
Thanks again for all the speedy solutions to my questions.
1. Create new types of 'Admin Expense'. ie Parking
2. Create new types of 'Taxes'. ie Federal Tax and Provincial Tax
Thanks again for all the speedy solutions to my questions.
I’m wondering
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Inappropriate?Hi Shane,
It's not possible to create your own Expense categories at the present time in FreeAgent.
I would recommend using the Auto Expenses category for Parking.
There is no tax category for expenses since we've assumed taxes will be paid from a business account. To explain a bank transaction as a tax payment you should select the Payment > Other Taxes category.
Does this help? -
Inappropriate?Any ETA on the custom expenses categories?? I know it's something that some of us here have been asking very very nicely for a while for :)
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This answers the question
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We don't have an ETA right now I'm afraid... we are planning to look at it though, probably sometime in Q2
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