Expense Reports

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.