Track Business Expenses Easily with Craftonix
Record operating overheads, categorize spending, track Input GST credits, and automate recurring subscriptions — directly integrated with your general ledger.
Expense Categorization
Organize overheads by Rent, Salaries, Utilities, Marketing, Software, Office Supplies, and Professional Fees for clear cost visibility.
Recurring Expense Automation
Set up recurring templates for rent, cloud hosting, and software subscriptions to generate and post entries automatically on schedule.
Input GST (ITC) Recovery
Automatically separates GST from expense amounts and records Input CGST/SGST/IGST credits so you never miss a tax deduction.
Expense Management Questions
Frequently asked questions on business expense recording and accounting.
How does expense tracking affect my Profit & Loss statement?
When you record an expense in Craftonix, the system automatically posts a debit to the corresponding operating expense account (Rent, Salaries, Utilities, Marketing, Software) and credits Bank/Cash. This immediately reflects on your live Profit & Loss statement to give you accurate net profit numbers.
Can I claim Input GST on business expenses?
Yes. When you enter an expense with GST (e.g. 18% on cloud hosting or office supplies), Craftonix bifurcates the total amount into taxable base cost and Input GST (CGST/SGST or IGST), enabling you to claim Input Tax Credit on tax returns.
Does Craftonix support recurring expenses?
Yes. You can configure automated recurring templates for monthly office rent, SaaS subscriptions, internet bills, and utilities with customizable frequencies (Daily, Weekly, Monthly, Quarterly, Yearly).
Can employees submit expense claims?
Yes. Staff can record business reimbursement claims with descriptions and receipts, which managers can review, approve, and reimburse with full audit trails.
Control Your Business Spending
Start tracking expenses, recurring bills, and Input GST with Craftonix today.