May 30, 2019

How to Record your Expenses in LedgerMax?

Naveen Shayan

LedgerMax specialist

As a small business owner, it is very important that you record your business expenses diligently and make sure that your business financial records are accurately maintained. This helps in minimizing your tax liabilities by counteracting profits and revenue against the cost. LedgerMax has made it very easy for small business owners to record their expenses and payments without any inconvenience. Here�۪s how you can record your expenses in LedgerMax:

  1. On the left side of your dashboard, click on Expense and then choose Create
  2. Now choose the option for Expense From. You will find many options under it for instance, petty cash, cash on hand etc.
  3. Next choose the expense type for instance, office supplies expenses, other supplies etc.
  4. Enter details, reference number and the exact amount.
  5. Now just save the details and check the print preview.
  6. Your expenses are recorded successfully.

Here is how you can record your expenses in LedgerMax with utmost ease and convenience:

LEDGERMAX BLOG

Our Featured Blog Posts

October 20, 2020
As a business owner, what do you believe is the best way to maintain your business financial records?
Read more
October 7, 2020
A sales tax is defined as a tax paid to the government for the sales and supply of certain services and goods. The Federal Government of Pakistan levies sales tax under the 1990 Sales Tax Act on the services or goods being sold and supplied as well as on the goods imported into the country.
Read more
October 6, 2020
An invoice is an official document sent by the seller of a service or product to the buyer. The purpose is to form a compulsion on the buyer to pay, making an account receivable.
Read more