Expenses
How to choose the right expense category
Choose categories that make expense reports easier to understand.
Expense categories help you understand where business money is going.
Common categories
- Transport.
- Stock or supplies.
- Rent.
- Utilities.
- Repairs.
- Marketing.
- Wages.
- Fees.
- Other.
Good practice
- Use consistent category names.
- Avoid creating too many similar categories.
- Use notes when a category needs more explanation.
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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.