Getting Started with Business Spend
Business spend refers to the money a company or organization spends to operate and conduct its day-to-day activities. It includes all the costs and payments a business makes to keep the company running, produce goods or services, and generate revenue. Zena helps you track these costs outside of your client projects to ensure you can report them without including any client transactions.
If you have not yet connected your business bank account(s) to track in Zena, you'll be prompted to Apply for the Zena Card to track your transactions automatically and/or connect your other business accounts to import external transactions.
Using Zena to Track Business Spend
To track business spend within Zena, you'll want to make most business spend purchases using your Zena cards. This will allow these transactions to be kept separate from any specific client projects.
To view your business spend:
- Log in to Zena and navigate to Business Spend on the left navigation bar.
- Scroll down to Activity > Transaction.
Business spend transactions will appear here and on your Transactions page, where you can assign it a Project, add a Memo, Receipt, Spend Categories, and a Purchase Order (PO) Code .
A few examples of business spend are:
- Operating Expenses: These are the regular, ongoing costs a business incurs to run its operations. It includes rent or lease payments for office space, utility bills (electricity, water, internet), and office supplies.
- Marketing and Advertising: This includes advertising expenses, promotional campaigns, market research, and public relations.