I need to organize my expenses, unfortunately the previos person was entering too many details to classified them.
Let's say we had an event called XYZ event, so what they were doing was recording as follow
Event-XYZ - Supplies
Event-XYZ - Phone
Event-XYZ - Tolls
Event-XYZ - fees
I think that we cna better manage this ith classes
What do you think, any pros or cons on using this method.
the proble with the first approach is that i can track expenses on this event but if i want a general report this wont be in there.
please advise and explain