Expense Concepts

When entering expenses, you enter/select the following:

• You need to first pick the project and task against which you wish to enter the expense.
• When you click on the Add Line Item, you can pick the code against which you incurred the expense. 
• The Reimbursable option is an indicator that the expense needs to be compensated. It is only for reference purposes and does not affect the expense entry in any way.
• The Billable and Costable option when submitting the expense indicate if the expense is billed to the client or incurred by the company. These options are remembered in the preferences an will be remembered next time an expense entry is made.
  Billable: This indicates that the expenses is billed to the client. Upon approving the expense as billable, the amount is added to the Amount (Act, Billable) of a project or task.
  Costable: This indicates that the cost is incurred by the company. Upon approving the expense as billable, the amount is added to the Cost (Actual) of a project or task.
  An expense can be both costable and billable.