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Support - Expenses

Tutorial

Create an expense

In the navigation menu, choose “Expenses”.
Complete the expense and choose the account on which to post each item in the invoice.
  • Choose the VAT on each item. There are 2 types of VAT IPI (investment) and IPM (standard). As a general rule if the expense count starts with 4, choose IPM, otherwise choose IPI.
  • Fiduly automatically calculates the amount of VAT. Then enter the price of the item. By default the price must be entered including VAT. You can choose to enter the net price (excluding VAT) by checking the “Net prices” checkbox. Then download a copy, pdf or a scan of the invoice / fact sheet for archiving. The document appears at the bottom of the page to make it easier for you to copy the values. Save.
  • Whether it’s an expense report or an expense paid on purchase. Click on “This is an expense report (paid on purchase)” and choose the account with which you paid the invoice (“Cash – till” or “Credit card”). If you have advanced this payment to your company, then choose the “Debt to shareholder” account.

Create a supplier invoice

In the navigation menu, choose “Expenses”.
Fill out the invoice and choose the type of expense in the “choose a category” menu.
Add an accounting document and save.

Configure your expenses

Fiduly offers you to abstract the accounting chart by defining more user-friendly expense categories and links them to corresponding  account in the chart. Thus, when you enter your expenses, you will have more “readable” categories than on an accounting plan. Choose “Parameters” in the Navigation menu then select the “Expenses” tab
To the question “Would you like to use more user-friendly expense categories?” », Click on yes. And choose the corresponding expenses.
Click on “Save” to save your preferences.