How to log expenses and see net profit.
Sales alone do not tell you what you keep. Log your costs and Timeo shows Net sales, Expenses and Net profit side by side.
- Who it is for
- Owners and managers
- Plan
- Every plan (Basic, Advance and Team)
Log an expense
- Open Reports, go to All reports and choose Expenses & net profit.
- Press Log expense.
- Fill in the Description (for example March shop rent), Amount, Category and Date.
- In Branch (optional), pick a branch, or No branch for a cost the whole business shares. Pick a supplier in Supplier (optional) if it applies.
- Attach the receipt with Take photo or Choose from gallery.
- Press Log expense to save.
Read the totals
Set From, To and Branch at the top. The cards show Net sales, Expenses and Net profit, and By category splits your costs into Rent, Supplies, Payroll, Utilities, Marketing, Equipment and Other.
Costs from purchase orders
A purchase order recorded as an expense shows here as From purchase order. Change its amount on the purchase order, not here.
What your customers see
- Nothing changes for customers.
Common problems
- I can see expenses but cannot add one.
- Viewing needs finance access; adding and editing needs billing access. Ask the owner to adjust your role.
- The receipt photo will not upload.
- Use a JPEG, PNG or WEBP photo of 4 MB or less.
Related guides
- How to read your profit and loss statement
- How to order stock with purchase orders
- How to export sales for your accountant
More in Reports and insights, or start with the getting started guide. Still stuck? Contact us.