Account — Billable expenses - cost

The Billable expenses cost account is a built-in account in Manager that records the costs incurred on behalf of customers that are to be billed to them. If you wish to rename this account or adjust how it appears in your financial statements, you can do so through the Chart of Accounts settings.

Accessing the Account Settings

1. Navigate to the Settings tab.
2. Click on Chart of Accounts.
3. Find the Billable expenses cost account in the list.
4. Click the Edit button next to the account name.

Editing Account Details

In the account editing form, you can modify the following fields:

Name

• Description: The name of the account as it will appear throughout Manager.
• Default: Billable expenses cost
• Action: Enter a new name if you wish to rename the account.

Code

• Description: An optional code to identify the account.
• Action: Enter a code if you use account codes for sorting or reference.

Group

• Description: The category under which the account will appear in the Profit and Loss Statement.
• Action: Select the appropriate group to organize your financial statements according to your preferences.

Saving Changes

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

Important Notes

• Deletion: This account cannot be deleted. It is automatically added to your Chart of Accounts when you create at least one billable expense.
• Further Information: To learn more about handling billable expenses, see the guide on Billable Expenses.