Frequently Asked Questions

How do I create an Expense?

FreshBooks makes it easy to keep track of your spending with Expenses. This is helpful if you are required to document business-related purchases for your business and for tax deductions.

 You can create Expenses, as well as Recurring Expenses that can generate automatically on a frequent basis (perfect for subscription-related costs). You're also able to upload receipts, and mark an Expense up for rebilling to your Clients.  

 

Creating an Expense

There are two ways to create a new Expense: 

  1. On the Dashboard, click on the Create New button, then select Expense
  2. Go to the Expenses section (from the left menu) and click on the New Expense button.

You'll be taken to the New Expense page:

New_Expense_screen

 

  1. A category is required for each Expense. Click on the Choose a category to select one of the tax-friendly categories to make tax time a breeze
  2. Everything else is optional, but you're able to add a DateVendor, and Description to give more details on the expense
  3. Grand Total is the total amount of the expense, but you can click on Show Included Taxes to add taxes to the expense. This will also populate in your Tax Summary Report
  4. When you are done with your Expense, make sure to click on the Save button to finish.

For more information on categories and creating your own subcategory, check out our article here.

 

Creating a Recurring Expense

  1. Go to the Expenses section
  2. Click on the New Expense button
  3. On the New Expense screen, under Expense Settings, click on Make Recurring (this has to be done first before adding in the Expense details)

    New_Recurring_Expense

  4. Click on the Make Recurring button

    Make_Recurring_button

  5. In the New Recurring Expense screen, you'll be presented with the Next Issue date, where you're able to select a Start DateHow Often the Expenses are to be generated and How Many Expenses are to be created

    Recurring_Expense_screen

  6. Add in your Expense details (Category and Grand Total, along with anything else like Notes or Taxes)
  7. Click Save to finish. 

New and existing Recurring Expenses will appear in the Recurring Expenses sub-section next to All Expenses inside the Expenses section: 

Recurring_Expense_Sub_Tab

 

Uploading Receipt Images

While adding your Expense details, click on select a file or drag a receipt to the top corner of the expense. You can read more about uploading receipts here

 

Rebilling an Expense to a Client

While making your Expense, under Expense Settings on the right, you can click on Mark as billable. You can read more about rebilling expenses here, including adding a markup. 


FAQs

How do I archive an Expense?

Archiving Expenses allows you to keep your list organized, so you can focus on current Expenses. To archive your Expenses, use these steps: 

  1. Go to the Expenses section
  2. Check the box(es) off next to the Expenses you want to archive
  3. Click on the Actions button
  4. Select Archive

To access your archived Expenses, click on the View Archived Expenses button. Click on any archived Expense, then click on the More Actions button and select Unarchive to restore it back to the main list.

 

How do I delete an Expense?

Deleted Expenses do not appear in any Reports you run.

  1. Go to the Expenses section
  2. Check the box(es) off next to the Expenses you want to delete
  3. Click on the Actions button
  4. Select Delete

All deleted Expenses can be accessed by clicking on the deleted link at the bottom of the list as well, where you can also undelete them.