Every amount that leaves the shop goes in as it happens, so the expenses and the money in each account stay in step.
3 things it does
Write down what the shop paid out, so the day's figures add up
Basic and Professional
How do I record an expense such as rent or electricity? Enter what the shop paid out, with its category, its amount and the account it came out of.
Without it
Rent, electricity and petty cash leave the drawer with no note. At closing the cash is short, and nobody can say which payment took it.
With it
You enter what was paid, its category, the amount and the account it came out of. The expense and the money leaving that account are recorded together.
Choose a category, such as rent or electricity, and type the amount. Pick the account the money came out of, such as the till or the bank, and add a note if you want one. Save it, and the expense and the drop in that account are written together. A recorded expense cannot be taken back, so check it before you save.
Write down each expense as it happens, with the account the money left.
Other ways people ask this
how to record shop expenses like rent and electricity
software to note money paid out of the till
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See what the shop has spent this month, with the total at the foot
Basic and Professional
How much has the shop spent this month so far? The expenses list shows the month so far, with a total for the expenses on the list.
Without it
At the end of the month the bills are in a drawer and the figures are in your head, so the total is a guess.
With it
The expenses list shows this month so far, with a total for the expenses on it. You know what has gone out before the month is over.
Each line is an expense you recorded. The total at the foot is for the expenses on the list, so it moves as you add more. Use it to see where the month's money has gone before you plan the next one.
Other ways people ask this
how much did my shop spend this month
monthly expenses list with a total in pos
see the total of expenses for this month
See where your money goes, expense type by expense type
Basic and Professional
Where is my money going, by expense type? Expenses shows what was spent on each expense type, its share and its change from the last period. Every expense can also be listed.
Without it
Money goes out of the shop for many reasons. At the end of the month it is hard to tell which kind took the most.
With it
The page shows what was spent on each expense type, its share, and how it changed from the last period. You can also list the expenses one by one.
Open Reports, then Financial, and choose Expenses. Each expense type has a row with how many expenses it had, how much was spent, its share, and how far it moved from the last period. A type spent on last period but not this one still shows, with a note. The expenses are also in a list, so you can see them one by one.