How to Create an Expense

Introduction #

Managing project expenses is crucial for keeping track of costs and ensuring budget adherence. This article provides a detailed guide on how to create an expense in the Cosmic ERP Project module.

Prerequisites #

Before you begin, ensure you have an existing project created in the Cosmic ERP Project module.

Steps to Create an Expense #

1. Login to Cosmic ERP
   • Enter your credentials and click on the login button.
2. Navigate to Project System
   • Once logged in, locate and click on the Project System from the main menu.
3. Access Projects
   • In the Project System, find and click on the ‘Projects’ option.
4. Select a Project
   • Click on any created project for which you want to record an expense.
5. Access Expenses
   • Within the selected project, click on the ‘Expense’ option.
6. Create a New Expense
   • Click on the ‘create’ button to start adding a new expense.
7. Enter Expense Details
   • Name: Provide a name for the expense.
   • Date: Select the date the expense was incurred.
   • Amount: Enter the amount of the expense.
   • Task: Select the task associated with the expense, if applicable.
   • Description: Provide a detailed description of the expense.
   • File Attachment: Choose a file to attach (e.g., receipt, invoice) as proof of the expense.
8. Create Expense
   • Once all information is entered, click on the ‘create’ button to save the expense.

Conclusion #

Creating an expense in the Cosmic ERP Project module helps ensure accurate tracking of project costs and budget management. Following these steps will assist you in maintaining detailed and organized expense records.