# Expenses
Expenses are any costs incurred in the ordinary course of business. Business expenses are deductible and are always netted against business income.
Money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. Expenses may be in the form of actual cash payments (such as purchase of material and other stuff and rents etc), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts).
Expenses can be
- Insurance
- Operating expenses
- Rent, utilities, and phones
- Office equipment and supplies
- Fees, dues, and subscriptions
- Advertising, marketing and promotion
- Benefits, continuing education or training
Expenses have the follow fields
- Name - Title for the expense
- Amount - Expense Amount
- Description - Expense description (optional)
# Others
There is no option to attached taxes to the expenses but if it's useful for business, we will add taxes to them after your feedback.