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Every expense can be assigned a category, which helps with overview and reporting. Every category also maps to an accounting ledger code — this appears in the “Expenses by category” table in Reports, and is useful when handing the report to an accountant.

Available categories

Two special, non-expense markers are also available: Withdrawal / personal (if the item is actually an entrepreneurial withdrawal or personal, not a business expense) and Ignore (to exclude the item from summaries, e.g. a mistaken entry).

Changing a category

Any expense’s category can be changed later — click the expense row and select the new category.