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| These are categories for tracking expenses against revenue as debitsA Transaction Category helps track payments and expenses. Common examples of expense categories include 'Repair' and 'Cleaning' . See Cost Types in the setup area for more information. A manager can add 'Cost Types' which are categories of expenses that are applied against revenue as 'debits' or expenses. An example below:and examples of payment categories include "Owner Payment" and "Credit". Before you add a payment or expense, you need to have a transaction category to assign it to.
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| Owners
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To Add a Transaction Category:
- Go to SETUP | OWNERS | TRANSACTION CATEGORIES
- Click Add
- Enter the ID and Description
- Choose Expense or Payment from the drop down menu
- Click Save
TRANSACTION CATEGORIES ADD TRANSACTION CATEGORIES
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