What is an expense?

Expenses are all of the spendings that your company has. Expenses could be internal and project ones.

Expenses have the following types:

1.  Expense – used for all internal and project direct expenses like office rent, accommodation, taxi, etc.;

2. Subcontract – used for subcontracting expenses;

3. Salary – used for employees salaries;

4. Taxes – used for employees taxes like social insurance, medical insurance, etc;

5. (21%) Additional expense – used for expenses which should be invoiced to the client with VAT;

6. (0%) Expenses for buyer – used for expenses which should be invoiced to the client without VAT.

Expenses could be paid by employees and then refunded to them personally. Please see How do I refund employees who paid for an expense.

 

Last Update: August 24, 2020  

 Expenses  

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