Why Bother Tracking Expenses?
Come tax season (or anytime you need to understand your profitability), you'll thank yourself for keeping organized records. Plus, expense tracking helps you spot unnecessary spending before it becomes a problem.
Adding Expenses
From your dashboard, navigate to the Expenses section. Click Add Expense and fill in the basics:
Keep Your Receipts
Upload photos or PDFs of your receipts right in BGinvo. This keeps everything in one place and makes your life much easier if you ever need to prove a business expense-whether for taxes, a client dispute, or your own records.
Organize by Category
Assign each expense to a category like:
The more consistent you are with categorization, the more useful your reports become.
Understanding Your Spending
BGinvo generates monthly and yearly reports that show you exactly where your money is going. Use these insights to:
Quick tip: Set aside 10 minutes at the end of each week to log expenses. It's much easier than trying to remember everything at month's end.