There’s no one-size-fits-all method for tracking expenses, but everyone needs somewhere to start. Read on for instructions on how to use the spreadsheet, plus some general tips on expense tracking. It’s a quick solution that will help make sense of that pile of receipts in the corner of your desk, while also keeping a running total of your net income. If you’re new to tracking your expenses, the easiest way to do it is to start out with a simple expense tracking spreadsheet, like the one featured below. But keeping a close eye on your expenses year-round can also help you keep healthy profit margins, and a balanced budget. ![]() ![]() Business owners often pay too many taxes because they fail to track expenses properly, which would otherwise offset their taxable income. ![]() When you think about tracking expenses, you might associate it with taxes-and for good reason.
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