Time-based Expense ($) 

The Lean-Case Expense Widget is used to capture Cost of Goods Sold, Cost of Selling, Cost of Marketing, Headcount-related cost and general Expenses. 

Learn how to enter a cost or expense item based on time, e.g. 

  • monthly rent
  • quarterly audit or
  • yearly subscription

To add a time-based expense to a Cost or  Expense Group, click the <Add Cost/Expense Item> button and select the    tab.


Add Expense ($) as Currency Value

To add an expense based on time periods, set the Time / Volume switch to "Time"

Enter the following parameters

  • Description of cost item
  • Account to which cost item should be assigned
  • Cost Amount 
  • Time period for Amount (Monthly, Quarterly, Yearly)
  • Starting Month for cost item
  • Ending Month  for cost item
  • Growth Driver for cost item (if growing in % or in $ terms)
  • Growth Rate/Value per period (e.g. growing 5% or 5$ per month)   
Add Expense ($) as Currency Value

A time-based expense can be based on the following time periods:

Add Expense ($) as Currency Value

Time-based Cost

What amount do you initially spend on this cost item?

Enter the amount for this cost item. You can enter a flat number or vary the number over time to reflect changing cost, … via the <UPW> icon.


How often does this cost occur ?

Enter if this cost occurs monthly, quarterly or year


In which month does this cost item occur for the first time?

Pick the month in which this cost occurs for the first time.


In which month does this cost item end?

Pick the month in which this cost ends.

   

<<<COMMENT: Beginner Mode only support % growth>>>


Does this cost item grow at a certain percentage?

Enter the rate in % at which this cost item changes from period to period








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