Cost transactions can be categorized as required/mandatory, with variable or fixed costs.
- Click Manage.
- Under Operations, click Organisation settings.
- Click on the Cost categories tab on the left.
- Click Add category.
- Enter the category name, e.g. tires.
- Select if the category type is either, Variable (which means the value changes) or Fixed (which means the value will remain the same).
- Enter the details that will display in the memo field by default when adding this cost category.
- Click Save.