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How to add monthly operating expenses

In this guide: Add the recurring costs that the business must recover before it begins making profit.

Steps

  1. Open Settings > Daily Target & Light Setup.
  2. In Add monthly operating expenses, enter a clear expense name.
  3. Enter the normal monthly amount.
  4. Select Add Expense.
  5. Repeat for every recurring expense.
  6. Review the Monthly Expense List and total.
  7. Save the settings.

Common expenses

  • Rent or mortgage
  • Payroll and employer costs
  • Utilities, internet, and phone
  • Insurance
  • Software and subscriptions
  • Marketing and other recurring overhead

What not to do

Do not enter sales, inventory purchase costs, or the same expense twice. Use a reasonable monthly estimate for costs that change from month to month.

Why it matters

The total monthly expenses form the break-even portion of Daily Target. If expenses are too low or incomplete, the dashboard can show profit before the business has actually covered its costs.