It is very easy to add an expense account in Xero. Here’s a quick tutorial on how to do it in simple steps:
- On Xero's main dashboard, go to the top menu bar and click 'Accounting'.
- Select 'Chart of Accounts' from the list of options.
- After that, click 'Add Account' to proceed.
- Tap the 'Account Type' menu.
- Under Expense, choose the ideal option you wish to use.
- Subsequently, provide the other important details related to the new expense account. Enter them into their respective input fields.
- Once done, review your input and click 'Save'.
- After completing these steps, the new expense account will be added to your Xero organization.