Entering transactions

Basic vs. Advanced entry

Basic entry covers the common case — vendor, date, amount, category — in a handful of fields. Advanced entry exposes everything: subtype classification, ITC (input tax credit) eligibility, business-use percentage, and manual tax override. Start with Basic; switch to Advanced when a transaction actually needs one of those details, like a vehicle expense with partial business use.

• Basic and Advanced aren't different transaction types — they're two views of the same record. You can enter with one and refine with the other later.
• Tax can be calculated exclusive of the total, inclusive of it, or entered manually — useful when a receipt's printed tax line doesn't match a clean percentage.

Transactions without a receipt

Not every transaction has a document — a bank fee, an owner contribution, an adjustment your accountant asked for. A standalone transaction skips the receipt link entirely; it's still entered, categorized, and reviewed the same way as a receipt-linked one.

Editing after the fact

You can correct a transaction after it's entered. If it was already approved, a material edit — changing the amount, the category, or the tax treatment — automatically sends it back to review rather than silently updating an approved record.