Nexto
Customers & accounts

Record Expense

Record Expense

The exchange's own costs — rent, salaries, bills, courier, supplies — are recorded here so they're deducted from profit and the real bottom line is clear. The amount leaves a till/bank and is written against one of the "expense categories".

Where This Page Fits

  • The total of expenses shows up in Reports → P&L (in the reference currency).
  • Expense categories are managed under General Ledger → Expenses.

Step by Step

  1. Choose the expense category — if you need a new one (e.g., "Internet"), create it right here.
  2. Choose the till/bank the money came from.
  3. Enter currency, amount, and description; save.

Fields

Field Description
Expense account The expense category (e.g., rent, staff salaries). You can create a new category right here.
From account The till/bank the funds are paid from.
Currency and expense amount The amount paid.
Description / date and time Description and timing of the expense.

Notes

  • A foreign-currency expense (e.g., in dollars) is also allowed; it's converted to the reference currency at today's rate in the P&L report.
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