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A manager can add 'Transaction Categories' which are categories of expenses that are applied against revenue as 'debits' or expenses.Common examples Transaction Category helps track payments and expenses. Common examples 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:

Before you add a payment or expense, you need to have a transaction category to assign it to.

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