Articles on: Steer New: Financials

Adding Expenses

Last Updated: August 29, 2024


Adding Expenses


In this article, we will guide you on how to add expenses to keep your budget on track and accurately recorded, facilitating better financial management and planning
for your construction project.



**Instructions: **


Step 1. Getting to Add Expenses


  1. Locate and click on **Financials **


Fig.1: Project Dashboard


  1. In the Cost Tracker section, click the Add Expenses button.



Fig.2: Add Expenses



Step 2: Input necessary Information:


  • **Date **


  • Document Ref


  • Document Date


  • **Type **– Select from the dropdown



Optional Information:


  • Attachment


  • Supplier



**Step 3: Items **


  • Cost Item Code: Select from the dropdown (The list is from your Cost Item Setup)


The system will auto fill the Cost Item and UOM


  • Qty: Enter the item purchased


  • Cost: Specify the cost per unit of the item


The system will automatically calculate the total cost based on the quantity and unit entered.



Fig.3: Add Expense Form




Step 4: Click Submit to add the expense information you’ve entered, or you may click Save as Draft for later review or completion.


Fig.4: Add Expense Submit




Cost Item Setup
Cost Tracker




Need more help? Send us an email at cs@steerplatform.com, or send us a message on the chat widget.

Updated on: 09/02/2024

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