Core Features
Expenses
Simplify Expense Management with BizCore
BizCore Expenses simplifies tracking and managing business expenditures by allowing easy recording, categorizing, and monitoring of expenses. It integrates seamlessly with your accounting system for accurate financial records and insights into spending patterns. Whether managing billable expenses, project costs, or recurring payments, BizCore provides the flexibility and control needed for efficient expense management.
Expenses Feature Benefits
Key Features
Explore key functionalities like billable expenses, recurring expenses, and expense attachments, designed to enhance expenses efficiency within BizCore.
Expense Recording and Management
Easily record and manage new expenses with comprehensive details, including name, date, amount, category, and any associated customer or project. This feature centralizes all your expense data in one place, ensuring that your financial records are always complete, accurate, and readily available, making it easier to track and manage your business expenditures efficiently.
Billable Expenses
Link expenses directly to clients or projects and mark them as billable, allowing you to convert these costs into invoices for client reimbursement. This feature ensures that all client-related expenses are properly tracked and billed, enhancing financial transparency and improving the efficiency of your billing process by reducing the time spent on manual invoicing.
Recurring Expenses
Set up recurring expenses with customized configurations to automate the management of regular payments. This feature allows you to schedule expenses to recur at specific intervals, ensuring that ongoing costs are consistently tracked and recorded without requiring manual intervention, thereby reducing administrative workload and minimizing the risk of errors.
Expense Categorization
Categorize your expenses by type for more precise financial tracking and analysis, ensuring that all costs are accurately recorded and easy to access when needed. This feature provides a clear and organized view of your spending patterns, enabling you to make more informed financial decisions and maintain well-organized financial records for better overall financial management.
Payment Mode and Tax Management
Select the appropriate payment mode for each expense and apply up to two taxes per transaction, ensuring that your financial records comply with tax regulations. This feature simplifies tax management by automatically applying the correct tax rates, helping you maintain accurate and compliant financial records while reducing the potential for tax-related errors.
Expense Attachments
Upload and attach relevant receipts and other supporting documents to each expense, making it easy to verify and audit your expenditures. This feature enhances the transparency and accuracy of your expense tracking, ensuring that all necessary documentation is securely stored and easily accessible for review, thereby streamlining the auditing process.
Currency Management
Manage expenses across multiple currencies based on the customer, project, or company base currency, ensuring that your financial records accurately reflect all international transactions. This feature is crucial for businesses dealing with global clients, as it allows you to maintain consistency and accuracy in your financial reporting, regardless of currency fluctuations.
Expense Integration with Projects
Link expenses directly to specific projects for accurate cost tracking and detailed financial reporting related to project-based activities. This feature allows you to monitor project expenditures closely, ensuring that all costs are accounted for and that your project budgets remain on track, providing better control over project finances.
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