View & Manage Expenses
The Expense List shows all your recorded expenses, sorted by date. Use it to review what you have spent in a given period, search for a specific expense, or edit/delete incorrect entries. You can also download your expense records as a report to share with your accountant. Reviewing expenses monthly helps you identify unnecessary spending and plan your budget better.
Steps
- Go to Accounting > Expense to see all recorded expenses.
- Use the Date Range filter to view expenses for specific periods.
- Search expenses by category or remarks.
- Click on any expense to Edit or Delete it.
- Use "Download" to export expense reports.
Tip: Review your expenses monthly to identify unnecessary spending and plan your budget better. Download reports to share with your accountant.
Common Questions
Yes, all recorded expenses are automatically included in the Profit & Loss report. Without tracking expenses, you only see gross profit (sales minus cost of goods). With expenses recorded, you see net profit — the true measure of your business profitability after accounting for rent, salaries, utilities, and other operating costs.
Sales minus Purchases only gives you gross profit. But your real profit (net profit) also accounts for operating expenses like rent, utilities, salaries, and transport. If you earn ₹1,00,000 in gross profit but spend ₹60,000 on expenses, your real profit is only ₹40,000. Without tracking expenses, you will overestimate your profitability.
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