Why Use Custom Costs?
Effective financial management is crucial for optimizing your business performance, and custom costs in the Lebesgue app help you achieve that by providing a more detailed and accurate view of your expenses.
By incorporating fixed and percentage-based costs, you can improve budget planning, track operational expenses more efficiently, and ensure no hidden costs go unnoticed. This feature also allows you to integrate marketing-related expenses, such as ad spend and agency fees, directly into your financial analysis, helping you assess profitability and make more informed decisions about resource allocation.
To import custom costs into the Lebesgue app, follow these steps:
1. Navigate to the Cost and Expenses Section
Click on the Calculator icon on the blue sidebar.
In the left-hand menu, you will appear in Cost and Expenses.
Choose Custom Costs to access the section where you can manage additional business expenses.
2. Add a New Custom Cost
Click on the Add custom cost button in the top right corner.
3. Fill Out the Cost Details
You'll be prompted to enter the following details:
Choose a name – Assign a recognizable name to the cost.
Type of expense – Select between:
Fixed (a constant cost)
Percentage of Total Revenue
Percentage of Facebook Spend
Percentage of Google Spend
Percentage of Advertising Spend
Amount – Specify the dollar amount (for fixed costs) or percentage (for variable costs).
Frequency of the expense – Choose:
One-time
Daily
Weekly
Monthly
Yearly
Spread the cost on a daily basis – If applicable, enable this option to distribute the cost evenly across days.
Set the duration – Choose a start date and specify if the expense is continuous or has an end date.
Category – Categorize the cost into predefined groups like:
Marketing
Ad Channels
Agencies
Influencers
Freelancers
Shopify and Apps
COGS (Cost of Goods Sold)
Other Expenses
You can also create a custom category if needed.
4. Save the Custom Cost
After filling in all the necessary details, click Create to save the expense.
The cost will now appear in the Custom Costs table.
5. Managing and Reviewing Custom Costs
You can search for, edit, or remove existing custom costs.
Filter expenses by status or category to better organize financial tracking.
Need Help?
If you have any questions about setting up custom costs, feel free to reach out:
Chat with Us: Use the chat icon in the app or on our website to get support.
Schedule a Call: Speak directly with our Customer Success team:
Tony, Customer Success Lead: Book a Call
Petar, Business Development & Sales Manager - Book a Call