Record Expenses and Income with bank accounts

Record an Expense

1. Open Expenses and select Add Expense.
2. Enter Date and Category.
3. Select the bank or credit-card account in Pay From.
4. Enter Spent CAD and applicable Tax.
5. Optionally add a Contact, Tags, Note, or attachment.
6. Select Save Expense.

Record Income

1. Open Income and select Add Income.
2. Enter Date and Category.
3. Select the receiving bank account in Deposit To.
4. Enter Received CAD and applicable Tax.
5. Optionally add a Contact, Tags, Note, or attachment.
6. Select Save Income.

What happens next

The transaction appears immediately in Expenses or Income. Depending on the selected account and workflow state, it may remain available for matching to a later imported bank row.

Important rules

• Pay From or Deposit To is required in Bank Account-Based Tracking.
• Use Transfers—not Expense or Income—for movements between your own eligible accounts.
• A bank-originated transaction should normally be corrected by undoing and reposting it from Banking. Its detail page may still allow metadata changes such as Note, Tags, or attachment.
• Reconciled transactions are protected until the reconciliation is reopened.

Related articles

• Process Pending Bank Transactions
• Record and review Transfers