Flippd organizes your expenses into categories that align with common tax deductions. Choose the right category when adding an expense for easier tax preparation.
Available Categories
Category | Examples |
Supplies | Boxes, tape, poly mailers, tissue paper |
Shipping | Postage, shipping labels |
Equipment | Steamer, photo setup, printer, scale |
Software | Selling tools, accounting software, subscriptions |
Storage | Shelving, bins, rent for storage space |
Travel | Gas, parking for sourcing trips |
Marketing | Promoted listings, ads |
Office | Desk, computer, internet |
Fees | Platform fees, payment processing |
Other | Anything else business-related |
Let Flippd Categorize for You
You don't have to categorize everything by hand. On the Expenses screen, each expense shows a category chip -- and any that still need one show a dashed "+ Add category" chip you can tap.
When several expenses need a category, a banner appears with an Auto-categorize button. Flippd suggests a category for each store based on how you've categorized that same store before, and you can apply them all at once. It learns only from your own past expenses. See How do I add and track business expenses? for the full walkthrough.
Good to Know
Choose the most specific category that fits -- it makes tax preparation easier
Your accountant will appreciate having expenses pre-categorized
You can customize expense categories in Settings > Customize > Expense Types
For US businesses, each category is mapped to a line on IRS Schedule C -- see How do I map my expense categories to IRS Schedule C lines?
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