I would like to change the current types of expenses (Accounting fees, Advertising and promotion, Bank charges) or add a few different categories to the existing list of expense types - is this possible? I am renting out a house so the types of expenses we encounter are sometimes a little different to the generic types in a business.
Oops, okay I see it’s simple to add additional expense types in the
Chart of Accounts.
I am using Desktop version. I am still not sure where I can create new expense types.
Can you guide me through?
Click the Settings Tab and find Chart of Accounts to create accounts for Expenses and other categories. Check http://wiki.manager.io/Chart_of_accounts