The default categories in Countingup are listed below. A guide to what similar income and expenses should be included in each category is also provided.
Income
| Sales | The takings, fees, sales or money earned by your business |
| Other income | Any other business income not included in sales |
Expenses
| Essential costs | Cost of goods bought for resale or goods used |
| Advertising | Advertising and marketing costs |
| Professional fees | Accountancy, legal and other professional fees |
| Financial charges | Bank, credit card and other financial charges |
| Depreciation | Depreciation and loss/profit on sales of assets |
| Entertaining | Business entertainment costs |
| Admin | Phone, fax, stationery and other office costs |
| Interest paid | Interest on bank and other loans |
| Premises costs | Rent, rates, power and insurance costs |
| Repairs | Repairs and renewals of property and equipment |
| Staff | Wages, salaries and other staff costs |
| Travel | Car, van and travel expenses |
| Bad debt | Irrecoverable debts written off |
| Other costs | Other business expenses |