Expense Categories on Vendor Bills

Expense Categories are quick select titles that represent expense accounts. Expense Categories are used to quickly enter expense lines on vendor bills rather than searching for or typing the specific expense account an expense is to be applied to. Expense Categories can be used on the vendor bill line item subtab and quickly selected from a simple drop down “Category. Instead of sorting through 50 expense accounts, you may have ten commonly used categories instead. Common categories include: Travel, Meals, Freight Charges, Utilities, Insurance, Office Supplies etc.

Example of a Vendor Bill Line:

In OneWorld environments, Expense Categories can be restricted and classified by certain or all subsidiaries. Categories are also restricted by an accounts’ subsidiary permissions.

To create new Expense Categories, navigate to: Setup > Accounting > Expense Categories > New.