Custom Operational Expenses

This article will explain how you can add operational expenses. By accurately recording all expenses, including operational expenses, you can ensure that your shop's net profit is calculated accurately. This comprehensive approach to expense tracking provides a clear understanding of the true financial performance of your shop and enables informed decision-making for optimizing profitability.

1. Navigate to Settings

2. Click Costs

3. Select Operational Expenses
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4. Click +Custom Expense to add a new expense
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5. Select the expense's Recurrence
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   ​Note: Not sure of the difference between one-time expenses and recurring expenses? Click here to learn more
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6. Select the Expense Status

   1. Active - Expense that is ongoing.

   2. Ended - Expenses that was active or ongoing at some point but have since ended or been completed.

   3. Active with End Date - Expense that is currently active but has a predefined end date or expiration date.
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7. Fill the Expense Label, Category, Expense Amount, and Payment Date
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8. Click Save

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