Expense Type

💸 Expense Type

This section is used to manage and categorize all types of company expenses for better financial tracking and reporting.

🔍 What You Can Do Here

• Add new categories for different kinds of expenses

• Edit existing entries

• Delete expense types no longer in use

🧾 Fields Displayed

• Expense Type – The name of the expense category (e.g., Beverages, Cleaning Supplies, Food Supplies, Licenses and Permits)

• Action – ✏️ Edit / 🗑️ Delete the expense type

🛠️ Action Buttons

• ✏️ Edit – Modify the name of an expense type

• 🗑️ Delete – Remove an expense type from the system

💡 Tips

• Create categories that reflect real operational spending (e.g., Food Supplies, Cleaning Products)

• Avoid duplicate naming to maintain clarity in accounting

• Regularly update this list as your company’s expense structure evolves