Adding Other Expenses in Modeliks is simple and just as intuitive as adding regular expenses. These entries allow you to track non-operational or exceptional costs like donations, one-time events, and miscellaneous charges.

📌 Follow these quick steps to get started:

🪜 Step 1

Click on the "Add Other Expense" button in the Other Expenses section of your Modeliks account.
Enter the name of the expense in the designated field.

💡 For example, you could name it "Charity Donation" or "Restructuring Fee".

🪜 Step 2

Select the type of Other Expense. You can choose from:

• Extraordinary or one-time expense – For non-recurring or exceptional costs.
  
  

• Donations – For charitable contributions.
  
  

• Miscellaneous other expenses – For anything that doesn’t fit in the above categories (e.g. legal penalties, settlements, etc.).
  
  

🔎 Choosing the correct type helps with accurate categorization and reporting.

🪜 Step 3

Choose how you want to calculate the expense. Just like other expenses, you can select:

• Dollar value – Set a fixed amount.
  
  

• Percent of total revenue – Make it dynamic based on overall revenue.
  
  

• Percent of specific revenue – Tie it to a specific income stream.
  
  

🔎 The next screen will prompt you to enter either the fixed amount or the percentage, depending on what you selected here.

🪜 Step 4

Click "Next" and enter the value of the expense on the input screen.
Let’s say you’re donating $1,000 to charity — simply type that in ✅

✅ Final Step

Once the information is complete, click “Save and close.”

As always in Modeliks:

• Blue numbers are editable directly in the financial table.
  
  

• Black numbers are calculated automatically.
  
  

• Use the arrow icon to paste a value across multiple periods.
  

You can also use the edit icon when hovering over the expense name to make adjustments at any time.

💡 You can add as many other expenses as needed by clicking "Add Other Expense" again.