Page 1 of 1

Income and Expenditure Categories

Posted: Sat Sep 21, 2024 3:27 pm
by gkpattison
I am a new user just setting up my accounts for a youth organisation.
I read in the documentation that you should not use the same category for income and expenditure as it will affect balance calculations. Is it allowed to use a single category but separate sub-categories for income and expenditure?
For example:
Category>Event One
Sub Category>Event Income
Sub Category>Event Expenditure
Category>Event Two
Sub Category>Event Income
Sub Category>Event Expenditure
or would I need to set up four categories for the above?

Re: Income and Expenditure Categories

Posted: Mon Oct 07, 2024 8:16 am
by guangong
Hi @gkpattison , i think the answer is positive.

Re: Income and Expenditure Categories

Posted: Wed Dec 11, 2024 4:41 pm
by mmguy
for the events, wouldn't be better to use tags for classifying the events leaving the categories the same across events?

Like:
Events
sub: events exp
sub: events inc

then with tag you put EVENT ONE , EVENT TWO, etc.