What is an expense? An expense is when you pay money in exchange for inventory, salaries, interest, overhead or any other costs that support your business. 


Record your expenses on your Oze Business App and monitor them over time to see where you can save on costs that are affecting your profits! 


There are two ways to record an expense on your Oze Business App.


Option One:


Click on the “+” button located at the bottom of your screen. (see image below) 



This will take you to the transaction entry screen and you can toggle between the 'Expense' and 'Sale' tabs. (see image below)




Option Two:


Click and hold the “+” button for a few seconds. (We call this a “long press.”). The New Expense and New Sale buttons will pop up. (see image below)





Recording an expense:


Once you’ve opened the new transaction screen, you’re ready to start recording! 


Kindly use the guide below to record your first expense.


Recording an expense the quick way:

  1. After clicking on the '+' button, select the 'Expense' tab or 'New Expense' button if you did a long press.
  2. Enter the date of the transaction. The date is automatically set to today's date, but you can change it with the use of the pop-up calendar.
  3. Scroll down to select an expense category or create a new one. 
  4. If you spent on more than one unit, enter the Number of Units. 
  5. Then, enter the unit price (i.e. GH₵15/ NGN 500 per unit). Note: the total price will be automatically calculated for you.
  6. Click the green SAVE button at the bottom middle or the SAVE button of your screen. And that’s it!


Recording an expense the standard way:


  1. After clicking on the '+' button, select the 'Expense' tab or 'New Expense' button if you did a long press.
  2. Enter the date of the transaction. The date is automatically set to today's date, but you can change it with the use of the pop-up calendar.
  3. Click on the 'camera icon' to add a picture of the product/service you bought or of the written receipt.
  4. Enter the location where the expense took place. To use GPS just click on the bullseye on the right.


Next scroll down to Expense Details and enter a description of the product/service your bought. This field is really for you to take notes. You can record the color or size of the product, the make and model. It’s completely up to you.


  1. Select an expense category or create a new one.
  2. If you spent on more than one unit, enter the Number of Units.
  3. Then, enter the unit price (i.e. GH₵15/ NGN 500 per unit). Note: the total price will be automatically calculated for you.


Next scroll down to Vendor Details. If the vendor is in your phone book, click the Select Contact button. Search for the vendor in your phone book and select it. The contact details will automatically get filled in! Or, you can enter the vendor's name and phone number manually.


Next scroll down to Payment & Delivery. 

  1. If you bought the product/service at a discount, click the toggle and enter your discount.
  2. If you bought the product/service on credit, select Partial or Unpaid and enter the Amount Paid So Far.
  3. If the product/service has not been delivered, click the toggle and enter the delivery date.


To send a receipt or invoice, click the RECEIPT or INVOICE button in the bottom right corner. A digital receipt or invoice will be generated and you can share it with your vendor! 


Click the green SAVE button at the bottom middle or the SAVE button in the top right corner. And that’s it!