New: Recurring expenses, vendors, more
Hey everyone, good news – we’ve dramatically improved the “Expenses” tab by introducing recurring expenses, vendors, inline editing, and a whole new look. I’m going to take you through these changes one a time, and give you an idea of what’s new.
A whole new look
Now you can add expenses directly from the “List of Expenses” page. New expenses are added inline to the list below, and you can edit them in place as well. We’re hoping this quicker interface will reduce the tedium of inputting expenses manually.
Vendoriffic
You’ll also notice the new “Vendor” column in the screenshot above. This means you can track exactly where you spent your cash, whether it’s the local hardware store, contractor, or commercial real estate conglomerate. Vendors are also searchable and appear in your expense reports.
At last, recurring expenses
Finally, we’ve introduced an easy means of inputting repeating expenses like rent, car leases, and hosting costs. It’s simple – when entering the first such expense, you can specify a schedule whereby that expense repeats, be it weekly, monthly, yearly, or something else. Then on the appropriate date, the expense will be re-created with the same details, right on cue.
That’s just a quick summary of some of the changes we’ve made. To see the whole thing, log into your account and have a look. As always, your feedback and comments are greatly appreciated.
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2:49 pm
YAY! Always getting better, FB!
Now if only my FB payment would enter itself automatically…
3:55 pm
I just wanted to thank you guys for such a great service. I am telling everyone about this! Thanks guys.
Randy
4:51 pm
OK. So recurring expenses was the one thing I was waiting for before moving everything over to Freshbooks.
OMG it’s AWESOME! Thanks so much.
10:29 pm
That’s Great! I charge clients monthly for hosting services and was using the recurring invoices feature but then they were getting two invoices each month, one for hosting, one for services. This will make it much easier!
8:55 am
Recurring expenses!
Rock on.
2:05 pm
Thank you. I love this feature..
2:19 pm
Yes! Way to go! Now if only my bank had an API, I could really get cruising! You guys rock.
3:47 am
Great stuff! The only I’m missing right now is that you can attach a document (PDF) to your expense. Hope to see something like that in a future release.
6:12 am
Excellent feature – am using it already!
Would now like to see an ‘All Expenditure’ report – each month I need to see how much I’ve spend across all clients/projects/staff, etc – a bit like the Payments Collected report on Invoice Reports.
Thanks
Eddie
10:00 am
Well alrighty then…you keep adding features that keep me onboard. Thanks FB!
12:49 pm
Thanks everyone!
@Yves: Good idea, and one we’ve heard a couple times. Quick question – if you could have attachments on just one thing, invoices or expenses, which would it be?
@Eddie: Good tip. We’re thinking of ramping up the expense reports, so we’ll keep this in mind.
1:19 pm
This is HUGE! Thank you Freshbooks! I had asked about the recurring expense feature in the past and received an email from customer service informing me that it is now here! What great follow up as well!
Thank you very much,
Jeremy
1:16 pm
Guys – GREAT Work!
This is a huge improvement.
Last request about this is the ability to Add the payment method to the expenses. Amex/VISA/CASH/Sundry.
This would help a lot and eliminate hours of questions from BookKeepers / Accountants.
Thanks Guys.
David
7:22 am
I was just looking for the Vendor search two weeks ago – adding this in makes immense sense – and given that I’m only a customer of three weeks I’m happy to see that you’re putting such effort into your app! Makes me feel like I’m spending my money well!
By the way, on the attachments questions – I’d like pdfs attached to invoices – some of my clients don’t get the whole logging in thing (and some love it…)
Thanks!
12:00 pm
I agree with David above, great work but really needs a field to add payment method. Otherwise the whole thing has to be transferred somewhere else to analyse the expenses and payments.
Thanks David
2:31 pm
This is a great addition, thanks!
6:37 pm
Great improvements!
Please, please consider fixing the way expenses get passed from a contractor to an end customer.
I need to send the details in my customer invoice to show what they are paying for, separate from the billable hours.
I want to be a Freshbooks customer really bad!!
Thanks