Expense Categories

Expense categories are used to group expenses. Popular categories include transportation, lodging, mileage, and entertainment. Each expense category is linked to an account. When an employee enters an expense report, they select a category for each expense, and the expense automatically posts to the associated expense account. New expense categories cannot be created at the time an expense report is entered.

If you use NetSuite OneWorld, an expense category is available to only those subsidiaries assigned to the account linked with the expense category. To use intercompany expense transactions, set up expense categories linked to expense accounts that are available to all subsidiaries for use in these transactions. For intercompany expense transactions, users cannot save expense lines unless they contain expense categories available to both the employee subsidiary and customer subsidiary.

To enter expense categories, go to Setup > Accounting > Expense Categories > New. For more information, see Creating an Expense Category.

Related Topics

General Notices