What are expenses?

In a company, expenses are the costs incurred to keep the business running and to generate revenue. They are the money that goes out so value can come in. No mysticism here — just economic gravity at work.

Which apps and services are connected to expenses?

Currently the following Apps are connected to expenses inside your WorkSpace:

• Projects
• Clients
• Providers
• Invoices
• Staff

Currently we have 2 services connected to Expenses:

• PEPPOL
• VIES

How are they connected?

Projects:

You can add expenses directly to your projects in order to have an exact overview of how much did your project cost or must be billed.

Clients:

Clients can also have a direct mention in expenses, that will help you to evaluate the cost of a client in your business.

Providers:

This App is vital if you are using external services such as PEPPOL, and is connected for 2 basic reasons, one to manage the amount of expenses produced by a supplier and how much taxes can be receive back at the end of your tax declaration.

Invoices:

Invoices can have attachments of direct expenses that needs to be billed to the client, this will keep a transparency documentation for you and your client.

Staff:

If your team is big, and you are allowing them to do expenses inside your company, your team can data entry their own expenses, this is useful if your team travels and needs to scan and justify their expenses at the end of the month.