Expense management on CRM software

In the current business era, where trade and commerce are flourishing, managing income and expenses plays a crucial role in the development of businesses. Without effective cash flow management, businesses may struggle to generate desired profits. Therefore, to address the challenge of income and expense management, let’s explore the management of these aspects and the essential steps to implement it using CRM software.

There are two main activities involved in income and expense management: creating new income/expense receipts and managing all receipts.

Creating new income/expense receipts This includes key categories such as receipt name, employee, customer, product/service, associated order, invoice number, amount of income/expense, receipt type (income/expense, advance)