Why categories matter
- Reports group your costs so you see where the money goes
- A clearer profit picture feeds a more accurate Corporate Tax estimate
- Consistent categories make year-end and your accountant's job easier
Manage your categories
On the Categories page you can add a new category, rename one, or remove those you don't use. Then pick the right category whenever you record an expense or reconcile a bank transaction.
Frequently asked questions
Do I get categories out of the box?+
Yes. New accounts start with a sensible set of common categories, so you can begin straight away.
Can I add my own?+
Yes. Create, rename or remove categories on the Categories page to match how you think about your business.