Managing Generic Expenses in PP: Tips and Tricks for Efficient Tracking

[lisacb77]

Hi all,

How do you input generic expenses into PP? I just installed it and am getting started, and it seems it wants to bill everything to a show. How would I enter generic things like business cards, etc?

Also, what category would you put a lunch expense with a potential host? I figure I could just book it to that show, but this is a fundraiser event that may not book for months. And what category would that be?

Thanks,

 

[ange13]

For the expenses I just erase the show number.

you might want to add another category for host expenses or something like that, you can name it whatever you'd like. I added one for postage, misc, promo (clothes, etc) and many more. It helps at tax time if you can remember it better. I also put the store name or type of expense if generic in the comment line.

 

[Admin Greg]

To input generic expenses into PP, you can create a new show specifically for those expenses and then assign them to that show. Alternatively, you can create a "Miscellaneous" category under the "Expenses" tab and assign those expenses to that category.For a lunch expense with a potential host, you can either book it to a specific show if it is related to that show or create a new show specifically for that lunch expense. If it is not related to any specific show, you can also use the "Miscellaneous" category.As for the category for a fundraiser event, it depends on the nature of the event. If it is a marketing or advertising expense, you can use the "Marketing/Advertising" category. If it is a networking or business development expense, you can use the "Business Development" category. If it does not fit into any of the existing categories, you can create a new category specifically for fundraiser events.