Did you use a personal account or cash to pay for a business expense? No problem! Learn how to add a transaction to your business financials.
If you've connected your business bank accounts to our accounting systems, those transactions will automatically be recorded on your account. If you used your personal account or cash to pay for a business expense, you can use our "Add Transaction" feature to record it in one of the two options:
1. Using the quick action “+” icon on the upper right side of your dashboard.
2. On the left navigation bar, click "Accounting", and click "Add Transaction" from the drop-down menu:
Add details about the business transaction on your "Add Transaction" page:
- Enter the vendor’s name – Use the exact name whenever possible for accurate records.
- Expense date
- Category: the business expense category - clicking on the section opens a drop-down menu. Please select the category that best matches the business expense. If you're having trouble matching the category, select "General Expenses" and add as much detail to the "Description" as possible
- Total Amount
- Upload a receipt (optional but recommended!): Attaching a receipt helps with record-keeping and tax deductions.
Once you've added all the information about the transaction, click the "Submit" button, and our accounting team will process your submission.
By keeping your transactions updated, you ensure more accurate bookkeeping and tax calculations.