Yes, you read that correctly.  The Auto Expenses function is finally here.  Although in a beta format, if you want to automate your recording of expenses for a more accurate profit and loss analysis, now you can.

Much work has gone into this automated function, and there is a lot of flexibility in the features.  Check it out the knowledgebase article...

So, if it is course section expenses or overhead adminsitrative expenses, the Auto Expenses function is ready.  We highly recommend reading the entire Auto Expenses help file before proceeding.

The ability to tag payments now to a Wire Transfer (Wire) or an Adjustment have been added to the available Payment Types.

Wire: The Wire payment type is used when a wire transfer payment has been made.  For financial calculations, Wire works the same as the Cash payment type.

Adjustment:  The Adjustment payment type is used like a discount when the need to reduce the amount due but no payment will be received.  Use this payment type when you desire the results to be the same as if you discounted the balance due but are making an adjustment rather than a discount.  Most often this difference is used for reporting or auditing purposes.  For financial calculations, Adjustment works the same as the Discount payment type.

These two payment types are optional and not required to be used.  As a default, both of these Payment Types are set not to display and must be enabled to be used.  Note that if enabled in a multi-Branch set up, Payment Types are shared by all Branches.