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How to Create a New Expense Category

Like income categories, expense categories aren't added directly in Settings → Categories - create a new expense account in your Chart of Accounts to track a…

Steps

  1. Go to Finances → Chart of Accounts.
  2. Create a new account under the Expense type.
  3. Use that account when categorizing the relevant bills or transactions.
  4. Settings → Categories shows how built-in transaction categories already relate to common expense accounts.

Related Articles

  • How to Create a New Income Category
  • How to Map Categories to Chart of Accounts
  • How to Use Categories in Reports

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