How to Create Costs Using Sole Invoice
Getting Started with Costs
Learn how to create costs to help reduce work when adding recurring fees to your invoices.
What are Costs?
Costs in Sole Invoice are a way to save commonly used expenses or fees that you may want to add to your invoices on a regular basis. They may apply to individual clients or a number but the management of them is centralised in one location. Costs can be either a fixed amount or a percentage based fee. For example you may want to add a fixed cost for "Shipping" of $10 or a percentage-based cost for "Management Fee" of 10%.
Pro Tip
If wanting to record work spent on client projects consider using the "Work" feature instead. See our guide on Recording Work Effectively for more information.
Creating Costs
To create a cost, navigate to the "Costs" page by clicking on "Costs" in the sidebar. Once on the Costs page, click the "Create Cost" button. Fill in the required fields such as the name of the cost, type (fixed or percentage), and the amount or percentage value. You also have the ability to make a cost GST Exclusive by toggling the "GST Exclusive" checkbox. This is handy for costs such as superannuation, which are typically calculated before GST is applied. Once all fields are filled in, click the "Create Cost" button to save the cost.
