Forum Discussion

AD_NSW's avatar
3 months ago

"Money Out" doesn't update.

Hello, after adding expenses in Money out section by snapping a picture of an invoice, the chart for Money Out doesn't update. Seems to get some of my expenses for March but not others. Anyone else experienced this? 

 

Thanks! 

3 Replies

  • Hey AD_NSW great question and thank you for the screenshots, suuuper helpful for us to understand what you're seeing! We love helping our Solmates understand what is going on. In this case the money you have spent and categorised as 'Equipment, furniture &  vehicles' is equipment and equipment is considered an asset, not an expense—so instead of being counted as money spent, it’s recorded as something your business owns. 

    In simple terms: You now own $3288 in equipment—meaning that amount was simply transferred from cash in the bank to assets, rather than being logged as an expense. 🚀 Let me know if you need any more clarity!

  • Here's some screenshots