Manage Expenses transactions
For every expense transaction, there is a status defined. The following are the different statuses:
| Type | Status | Description |
|---|---|---|
| Expense | Paid | Indicates that the expense has been paid for. |
| Check | Paid | Indicates that the expense has been paid for. |
| Bill | 1. Unpaid | Bills that are not yet paid, and not due yet. |
| 2. Overdue x days | Bills that are open, due date has crossed, and payment is delayed by x days. | |
| 3. Partially Paid | Bill for which some portion of payment is made and still a balance is unpaid. | |
| 4. Deposited | Bill for which full payment is made, and balance amount is zero. | |
| Bill Payment | Applied | When a bill payment is completed, a separate entry for bill payment is created with status Applied, indicating the bill is paid. |
| Vendor Credit | 1. Unapplied | Vendor credit which has not been adjusted against a bill. |
| 2. Applied | Vendor credit which has been adjusted against a bill. | |
| Credit Card Credit | 1. Open | Credit card credit which has not been adjusted against a bill. |
| 2. Paid | Credit card credit which has been adjusted against a bill. |