To add an expense, open the Expenses tab, tap +, fill in the details, and save. Tracking expenses helps you know your true profit and prepare for tax season.
Step-by-Step
Open the Expenses tab
Tap + to add a new expense
Enter the expense details:
Title -- What you bought (e.g., "Shipping supplies")
Amount -- How much you spent
Category -- Type of expense (Supplies, Shipping, etc.)
Store / merchant -- Where you spent it (helps with auto-categorizing later)
Date -- When you made the purchase
Take a photo of your receipt (optional but recommended -- Flippd reads it and fills in the details for you)
Tap Save
Why Track Expenses?
As a reseller, your business expenses are tax-deductible. Tracking them helps you:
Reduce your taxable income at tax time
Know your true profit after all costs
Be prepared for tax season with organized records
Make smarter business decisions about spending
Categorizing Your Expenses
Every expense in the list shows a category chip. If an expense still needs one, it shows a dashed "+ Add category" chip -- tap it to pick a category.
When several expenses need a category, a banner appears at the top of the Expenses list (for example, "3 expenses need a category") with an Auto-categorize button. Tap it and Flippd suggests categories based on how you've categorized the same store before, grouping expenses by merchant so you can confirm them all at once. Review the suggestions, adjust anything you like, and tap Apply. An Undo option appears in case you change your mind.
Auto-categorization is free and learns only from your own past expenses -- nothing is sent to the cloud.
Spotting Duplicate Expenses
Flippd watches for accidental duplicates -- entries with the same store, the same amount, and the same day. When it finds one, the newer entry shows a "Possible duplicate" chip.
Tap the chip to jump to and highlight the matching expense so you can compare them
If it really is a duplicate, delete the extra one
If you meant to record both, tap Dismiss and the chip won't come back
Recurring expenses are never flagged, since those repeats are intentional.
Finding an Expense
To find a specific expense, use the search bar at the top of the Expenses screen. Type a keyword from the expense title to find it. Search matches whole words in the title -- for example, searching "May" will find "Storage Unit Rent May 2025", but searching "Ma" will not.
Good to Know
You can edit or delete expenses anytime
Expenses are included in your profit calculations and reports
The IRS recommends keeping receipts for at least 3 years -- Flippd stores them in the cloud
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