Introduction
Every company has a set of expense claims types unique to themselves. Common examples include, medical, food and entertainment, pantry supplies, stationery, subscriptions, transport, mobile or internet, etc. This article guides you on how to set up the various expense types in DashBod.
Before you begin
Although both are company expenses, there is a difference between operating expenses and staff reimbursements. Therefore, they should be posted separately in the system. Staff reimbursements should be posted using DashBod’s expense claim function while operating expenses such as company’s utilities should be posted under DashBod’s Supplier Bill. Before you begin, set up the types of staff reimbursements allowed by your company in the system to allow your staff to enter a claim.
Navigating to expense setup page
1. Click on Expense on the side panel (Red Box)
2. Click on Configuration at the top bar (Blue Box)
3. Click on Expense Types (Green Box)
Creating an Expense Type
4. Fill in the required fields (Red Box)
-
- General Information
- Product Type (Type of Expense)
- Expense Category (This is a filter between Personal or Corporate Expenses)
- Cost (Optional)
- Unit of Measure (Optional)
- Accounting
- Expense Account (Enter the expense account)
- Supplier Taxes (Select the Tax if needed)
- General Information
5. Click Save once you have completed (Blue Box)
What’s Next
You can now invite your employees or team members to submit their claims via DashBod. Also, learn how to do a payrun or post the entries to journal here.