How do I record rent, payroll, and other expenses?

In P&L, tap Add Expense and choose a fixed or a one-off expense. An expense counts in the month it belongs to, not the month you paid it, and every month's net profit follows.

A fixed expense is one you pay every month, like rent, utilities, or payroll:

• Enter the name, the monthly amount, and the month it starts. Pick an earlier month to backfill.
• When the amount changes, tap Change Amount, pick the month, and choose From this month (a rent increase, say) or This month only (this month's power bill). Every change is listed, and you can open one to edit or remove it.
• When you stop paying it, set Last month counted: that month and the ones before it still count.

A one-off expense is paid once:

• For a fit-out, equipment, or prepaid insurance, turn on Spread over several months and choose 2 to 120 months and the first month counted. The form previews how much counts each month and which months it covers.
• Without spreading, you can still pick the month counted: an October bill that arrives in November can count in October, with its real date kept.
• If a spread ends early (an insurance policy cancelled, say), use End Spread Early: whatever is left counts in the month you pick.