We have daily collection and same day we get expenses also from the collection? How can I categorize that kind of expense?

Thanks for posting in the Community, info-dynamicscle.

If you are referring to daily sales, we can create an accounts and items for the expense. You can use this one when entering the sales or collections. Let's make sure your Daily Sales accounts are set upright. Doing so can help you a lot with accurate income reporting. To set up daily sales accounts:

1. Click the Gear icon on the top menu. 
2. Choose Chart of Accounts.
3. Select New at the top right.
4. Set up these accounts: Name Category Type Detail Type Description Daily Sales Income Income Other Primary Income/Sales of Product Income For tracking daily sales Clearing Account Bank Cash on hand Zero balance account for daily sales Overage/Underage Expense Expense Other Business Expenses For drawer shortages

Then, set up a "Daily Sales" category to keep your items organised. Let me show you how: 

1. Click the Gear icon on the top menu. 
2. Under Lists, choose All Lists.
3. Select Product Categories.
4. Tap New Category at the top right.
5. Name the new category "Daily Sales."
6. Press Save.
7. After setting up the Category, next are the items. Go back to Lists and choose Products and Services.
8. Tap New at the top right.
9. Set up these items. Make sure to select Daily Sales as Category for each item.

To learn more about this one, see the Record your total daily sales article. If you already know the process and doesn't know the account to use, please consult your accountant for the right account to apply. 

Feel free to visit our Sales and customers page for more insights about managing your company's income and customers.

I'd like to know how you get on after trying the steps as I want to ensure this is resolved for you. Just reply to this post if you are also referring to something else and I'll get back to you. Have a great weekend.