Expense Tracking & AI Scanning
How does WadMaster organize expense categories and margin reports?
Expenses are automatically grouped into standard categories like Cost of Goods Sold (COGS), Operating Expenses, Logistics, Utilities, and Marketing. Your Insights dashboard subtracts expenses from total revenue to compute your net profit and margin automatically.
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Related questions in Expense Tracking & AI Scanning
View allHow does AI Receipt Scanning work?
Go to Expenses -> Scan Receipt. Upload or capture a photo of any physical or digital receipt. WadMaster's AI model scans the image, extracts the vendor name, date, total amount, and individual line items, and auto-suggests a category. You review the extracted data and confirm with one click.
What image formats and file sizes are supported for receipt scanning?
We support JPG, PNG, WEBP, and PDF files up to 10MB in size. Ensure the receipt text is legible and well-lit for optimal extraction accuracy.
Can I manually record expenses without uploading a receipt?
Absolutely! Go to Expenses -> Add Expense. Enter the vendor, expense category (e.g. Rent, Transport, Inventory Purchase), total amount, payment method, and optional notes.