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Starting Up: Category Maintenance: Adding a new category

When you create an account in the system, there are some default categories populated with tax rates. These are common business expense and income categories such as Sales, Insurance, and Entertainment.

To view your categories, click on the "Categories" link in the menu on the right.

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You will be taken to the "Income & Expense Categories" page. Here you can see all the categories defined in the system, the associated tax rates, and the type of the category (income or expense).

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To create a new category, you fill out the form at the bottom of the list of categories. You must fill out both the description and the rate field. The rate field is for the sales tax rate for the category you are creating. You must also choose if the category is for expense or income items. Example income categories may be things like Sales, or GST Refund, or Interest Earned. Example expense categories could be Insurance, Telephone, or Repairs and Maintenance. To save the new category, click the "Save" button.

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The category you created will now be saved, and you should be able to see if in the category list. The list is sorted alphabetically so your new category may not be on the first page. To navigate to another page use the numbers below the category list or use the Next/Previous links or icons.

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Congratulations! You have successfully created a category.