Can you add and monitor costs like Shopify subscription, Instagram influencers, or even Facebook Ad Agency? With TrueProfit, surely you can.

Basically, any costs that don’t fall into other existing categories in TrueProfit will be kept here at Custom Spend. They can be either fixed or variable costs.

In the Custom Spend feature, Fixed Costs are where you set up expenses by inputting predetermined amounts. In contrast, costs under formulas (i.e. costs depending on certain variables) will be tracked in Variable Cost.

How to manage Fixed Costs

Go to Custom Spend > Fixed Costs > New Cost.



Enter the cost name & amount of money.

Next, choose the frequency the cost recurs (Monthly, Weekly, Daily or One-time).

Select the starting and ending dates. If the cost doesn't have an ending date, tick On-going.

Click Create.



This fixed cost will now appear on the list and be added to your total costs.

How to manage Variable Costs

Go to Custom Spend > Variable Costs > New Cost.

Enter the cost Name.

In the Formula section, you see a dropdown menu with formulas that link to Revenue, Profit, Facebook Ad, Google Ad and Order. Simply put in a value to determine how you would like your variable cost to be calculated.



For example, if you outsource your Facebook Ad Campaign to an agency, and they charge you 10 percent of Facebook Ad Spend, then just drop down the menu and select % Facebook, enter into the box the value "10".

Select the starting and ending dates. If the cost doesn't have an ending date, tick On-going.

Click Create.



This variable cost will now appear on the list and be added to your total costs.
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