This article provides an overview of the three expense report types available in Thulo Cloud, helping you effectively track and analyze your business expenditures.
Types of Expense Reports:
1. Yearly Expense Report (All Expenses with Categories):
- This report offers a comprehensive view of your yearly expenses categorized for clear understanding.
- Access it by navigating to Reports > Expenses.
2. Detailed Expense Report (Including Tax):
- This report provides a more granular view of your expenses, including details like tax amounts (TAX and TOTAL TAX) and filtering options.
- To access it, go to Reports > Expenses and click the Detailed Report button.
3. Expense vs Income Report:
- This report compares your expenses with your income over a specified period, providing insights into your overall financial health.
- Access it by navigating to Reports > Expense vs Income.
Important Note:
- The Expense vs Income report reflects figures in your base currency. If you have transactions in other currencies, the results might not be entirely accurate.
Benefits of Using Expense Reports:
- Gain a clear understanding of your spending patterns.
- Identify areas for cost reduction.
- Make informed financial decisions.
- Simplify expense tracking and tax filing.
By effectively utilizing these expense reports in Thulo Cloud, you can gain valuable insights into your business finances and make data-driven choices for improved profitability.