Expense Codes

Expense Codes - Setup

To access start INSTALLATION Workshop and from the menu select Install|Expense Codes.

Expense accounts are used to classify your operating overheads. They are equivalent to the expense section of a general ledger chart of accounts. Note that if you are using CAPITAL GL Controller (CAPITAL's general ledger) then this table is superseded by the GL's chart of accounts.

Expense Account Title

The name/description of the expense category.

Code

The account code of the expense. This is usually a number and may be equivalent to an expense code used by your accountant.

Budget

An optional budget amount to compare actual expenses against budgets.

Exclude

Tick in order to exclude certain expense codes from CAPITAL's Trading Statement Report and other reports that list expenses. This is useful if you wish to classify all transactions against a code, even when those transactions aren't (technically) expenses.

This option is ignored by the Goods & Services Tax Report.

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