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.
Navigate to Settings
Click Costs
Select Operational Expenses
Click +Custom Expense to add a new expense
Select the expense's Recurrence
Note: Not sure of the difference between one-time expenses and recurring expenses? Click here to learn more
Select the Expense Status
Fill the Expense Label, Category, Expense Amount, and Payment Date
Click Save