An expense is everything that you spent on money/stock. The grocery, electricity bill, a dinner with family. They are examples of expenses.
Register correctly all of your expenses is very important to you know how your money is being spent and then you'll have insights about saving your money.
You don't need to record the same expense every month, as an installment payment of your car or mortgage, for example, we've created a functionality which is possible to insert recurring expenses. There are two types of repeated expenses on Mobills: recurring and repeat.
The differences between both are:
- Recurring expense: Is an expense that will repeat every month. Is ideal for expenses that you pay monthly as an electricity bill, rent, and so on.
- Repeat: This option is used to repeat expenses, although you have to determine the frequency of that repetition will happen. Is ideal for installment payments.
You can verify more details about expenses on every platform: