Question

Where can billable expenses be set up?

1) In the accounting software
2) In the project management system
3) In the expense tracking app
4) In the payroll system

Answer 1

Billable expenses can be set up in accounting software, project management systems, and expense tracking apps, which are essential tools for managing financials and ensuring expenses are covered by incoming revenue.

Step-by-step explanation:

Billable expenses can be set up in a variety of locations, all of which are related to financial and project management. These setups are most commonly found in the following systems,to ensure these expenses are adequately covered, it is vital to create and adhere to a budget. By doing so, you can ensure the income generated is sufficient to cover both project-related and general business expenses.