How do I report expenses for my crowdfunding campaign?

How do I report expenses for my crowdfunding campaign?

To report expenses for your crowdfunding campaign, you should keep detailed records of all transactions and categorize them.

What categories should I use for my expenses?

Common categories include marketing, production costs, shipping, and platform fees. Make sure to document each expense.

Do I need to provide receipts for all expenses?

Yes, it's best practice to keep receipts for all expenses to ensure transparency and for tax purposes.

How often should I update my expense report?

You should update your expense report regularly, ideally weekly, to keep track of your spending accurately.