Account — Billable expenses

The Billable expenses account is a built-in account in Manager that records expenses incurred on behalf of customers, which are expected to be reimbursed. You can customize this account to suit your accounting preferences.

This guide explains how to rename the Billable expenses account and adjust its settings.

Accessing the Account Settings

To edit the Billable expenses account:

1. Go to the Settings tab.
2. Click on Chart of Accounts.
3. Locate the Billable expenses account in the list.
4. Click the Edit button next to the Billable expenses account.

Account Fields

The account editing form contains the following fields:

Name

Enter a new name for the account if desired. The default name is Billable expenses, but you can rename it to better fit your chart of accounts structure.

Code

If you use account codes, enter a code for this account. Account codes can help organize and sort your accounts.

Group

Select the group under the Balance Sheet where this account should appear. This allows you to position the account within your financial statements according to your reporting needs.

Autofill Tax Code

If you are using Tax Codes, you can select a default tax code for this account. The selected tax code will be automatically applied when categorizing transactions using this account.

Saving Changes

After making your desired changes, click the Update button to save them.

Important Notes

• The Billable expenses account cannot be deleted.
• This account is automatically added to your chart of accounts when you categorize at least one transaction as a billable expense.
• For more information on how to use billable expenses, see the Billable Expenses guide.