Create new expenses

Our property management system allows you to easily manage different types of expenses. You can manage two types of expenses:

• Expense: An expense is any non-recurring expense that needs to be recorded. This could be something like a maintenance expense or a one-time service fee.
• Recurring Expense: A recurring expense is a scheduled expense like an insurance or lease expense that has to be paid periodically.

Creating a new Expense

1. Go to “Expense” > “New Expense”
2. Enter the required information regarding the expense such as expense name, currency, and expense type whether it is to pay taxes, insurance or loans, mortgages …etc
3. Specify the date of the payment, you can also add the name of the person who will pay it.
4. Next, fill in the expense sheet by adding a new row, the necessary details include:
   1. Name and description.
   2. Amount and quantity.
   3. Discount, tax rate, and amount paid.
5. You may assign the new expense to a particular property unit by selecting a contract and adding it to scheduled maintenance if any.
6. You have the option to upload files and documents in the “Upload File” section.
7. Click Submit form.