Expenses
Log business expenses with predefined categories, route them through an approval workflow, and post approved expenses to Profit and Loss.
Inzo provides expense management with predefined categories, an approval workflow, file attachments, and automatic Profit and Loss integration.
How it works
Expenses are logged against predefined business categories and can carry file attachments such as receipts and invoices. Each expense moves through a status workflow of Draft, Pending Approval, Approved, Rejected, and Paid. Once an expense reaches Approved status, it posts to Profit and Loss reports automatically. A full activity history records status changes, approval decisions, and payment tracking for audit purposes.
Key capabilities
- Create, read, update, and delete expenses.
- Predefined categories including office supplies, travel, meals, utilities, rent, salaries, marketing, software, equipment, maintenance, insurance, taxes, and other.
- Approval workflow with Draft, Pending Approval, Approved, Rejected, and Paid statuses.
- File attachments to keep receipts and supporting documents linked to each expense.
- Automatic posting of approved expenses to Profit and Loss reports.
- Full expense history and activity log for audit trails.
Tips
Attach the receipt or supporting document when logging an expense, so the audit trail stays complete from submission through payment.