Hi all, A bit new at this. My daughter is an international sports person. I’m trying to use this to run her sport a bit like a business - to keep track of expenses and income from sponsorship/advertising. I have couple of questions. If we purchase something for her for training, and once it arriv…

[image] davejones: what do we do to take it out of inventory as she uses it If the values warrant the tracking by Inventory then activate the Inventory Write-off tab under Customise then you can make the required adjustments. [image] davejones: When we move money from one account to the …

Thanks! I will ultimately look to one account, but at the moment there’s an account in her name registered with Consumer Affairs for the purpose of receiving donations. The other is the account that we move that money into, and which receives income from advertising on her website, sales of other …

Transfer Money is right next to Spend Money

You don’t necessarily have to use inventory for your consumable sports supplies. Inventory normally involves goods held for production or sale. You could just expense these items since they aren’t held for long or sold.

If I use Expense Claims (and rename it to parental support) if I reimburse us for some of the expenses (but not all) how do you reimburse and expense claim? It would seem to be useful to have an additional button at the top of the expense claim to undertake the reimbursement (like receiving money o…

[image] davejones: how do we rename the Expense Claim tab to Parental Support Go to Settings - Chart of Accounts and click edit next to Expense Claims and over type. Also, you need to go to Settings - Expense Claim Payers and set up “Parents” as a Payer To do a part reimbursement you would …

Hi, I know this was a while back. It all got a bit too hard to get my head around and I was distracted by the Olympics so I put it aside. Now I’m trying to catch up on 3 months of book keeping :frowning: If I go to Settings - Chart of Accounts, there is no “Expense Claims” to click edit next to. Do…

[image] davejones: If I go to Settings - Chart of Accounts, there is no “Expense Claims” to click edit next to. The Expenses Claim account doesn’t appear in the Chart of Accounts until the first Expense Claim has been created.

A few questions - moving money, using inventory

Tut November 14, 2016, 12:20am 10

Read the complete Guide. It will answer all your questions:

https://forum.manager.io/t/how-to-use-expense-claims/6898

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A few questions - moving money, using inventory

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