1. Click Transactions â†’ Transaction Types from the Menu.
2. Some Transaction Types will be given by default, you can add new as per your requirement.
3. Click Add New.
4. Select the Transaction Type as ‘Expense’, ‘Liability’ or ‘Income’ and enter the Name for Transaction type you want to add.
5. Click ‘Save’ to add the Transaction Type. Now you can select this transaction type in your Transaction records.