How to set expense types

The first step to track expenses is to configure the expense types (managed as products in Kiu ERP) that your company allows, from the Configuration menu. When a specific expense is reimbursed at a fixed price, set a cost on the product. Otherwise keep the cost at 0.0 and employees will report the real cost per expense.

Here are some examples to configure:

• Restaurant:

Cost: 0.00 (the cost of the ticket will be recorded on every expense)

• Travel with Personal Car:

Cost: 0.30 (the price per mile reimbursed by the company is fixed)

• Hotel:

Cost: 0.00 (the cost of the ticket will be recorded on every expense)

• Others:

Cost: 0.0

Don’t forget to set an expense tax on each expense type (and an account if you use Kiu ERP Accounting). It’s usually a good practice to use a tax that is configured with Tax Included in Price(see: How to set tax-included prices). That way, employees report expenses with prices including taxes, which is usually the expected behaviour.

Tip

Ứng dụng Bán hàng cho phép bạn lựa chọn đơn vị tính cho các loại chi phí (đơn vị, dặm, đêm…) Vào Bán hàng > Cấu hình > Cài đặt và tích chọn Sản phẩm có thể được mua /bán theo các đơn vị tính khác nhau (nâng cao).