FreshBooks makes it easy to keep track of your spending with Expenses with categories to organize them.
The categories available in FreshBooks are the ones commonly found on tax forms for claiming your business Expenses. FreshBooks also makes it easy for you to create your own custom Subcategories if a specific one isn't available.
- Default Categories
- Full list of default Categories and Subcategories
- Creating your own custom Subcategory
Default Categories
FreshBooks comes with a set of tax-friendly categories and subcategories right from the start. See here for the full list.
Creating your own custom Subcategory
- While editing an Expense, click on the Choose a category and enter the custom subcategory you want
- Click on the + Create (Subcategory name) button
- You can edit the name and choose a parent category to put it under
- Click Done to finish
- It will now appear on the drop-down list as an option. You can click edit next to it if you want to update it again after it's already been created.
Full List – Default Categories and Subcategories
The set of default categories and subcategories that make organizing your receipts for tax-time easy.
- Advertising
- Car & Truck Expenses
- Gas
- Mileage
- Repairs
- Vehicle Insurance
- Vehicle Licensing
- Contractors
- Education and Training
- Employee Benefits
- Accident Insurance
- Health Insurance
- Life Insurance
- Meals & Entertainment
- Entertainment
- Restaurants/Dining
- Office Expenses & Postage
- Hardware
- Office Supplies
- Packaging
- Postage
- Printing
- Shipping & Couriers
- Software
- Stationery
- Other Expenses
- Bank Fees
- Business Insurance
- Commissions
- Depreciation
- Interest - Mortgage
- Interest - Other
- Online Services
- Reference Materials
- Repairs & Maintenance
- Subscriptions/Dues/Memberships
- Taxes & Licenses
- Wages
- Personal
- Professional Services
- Accounting
- Legal Fees
- Rent or Lease
- Equipment
- Machinery
- Office Space
- Vehicles
- Supplies
- Travel
- Airfare
- Hotel/Lodging/Accommodation
- Taxi & Parking
- Utilities
- Gas & Electrical
- Phone
https://www.freshbooks.com/support/managing-your-expenses-in-freshbooks