Available in Sage 50 Premium Accounting and higher.

What Time or Expense Is Being Recorded?

Sage 50 uses inventory items to identify what type of activity or expense is being recorded. It uses two special inventory item classes for time and expense items: activity items and charge items.

Note: Inventory items are not associated with inventory cost of sales. When you bill an activity or charge item to a customer, only income is credited in the general ledger when posting a sales invoice.

Who Records Time and Expense?

For Whom or Why Is Time and Expense Being Recorded?

How Is Time and Expense Recorded?

Which should I use: Time & Billing or reimbursable expenses?