To ensure that your business will always have updated financial information, you need to keep track of your business expenses using a business expense spreadsheet. You may use one or more of this expense report template depending on your organization’s accounting practices and payment structure.īusiness expense spreadsheet 20 (64.62 KB) How do businesses keep track of expenses? Generally, expenses reports get filed on an annual, quarterly or monthly or weekly basis.

In most cases, the expense types and expenses have been pre-approved by the management to align with budgets and, as such simplifies reconciliations in the future. This report reports and tracks all of the attributable expenses incurred during a specific project. As such, the report acts both as an expense report and a budget because it provides an added layer of data that makes sure that the event stays on track. Use this template to track estimated against the actual cost for each aspect of an event. Companies can keep track of this information through this template. While it is true that the company will save money that it would have spent on a rented car, it has to compensate the employee for the time they used their car. In many cases, employees use their personal vehicles for business trips. This template is primarily used to organize charges for meals, transportation, and hotels including the mileage of the car that you use. These are especially appropriate for start-up companies and small businesses because they’re very simple. Use this template to record the payment method, date, expense description, vendor, and amounts. Making your own report template doesn’t have to be a challenge as long as you know what type of template you need: You need a system for your business to keep track of how much you’re spending – and you will benefit a lot from using a business expense spreadsheet.

Running Balance - automatically computes your balance.Business expense spreadsheet 10 (37.50 KB) Types of spreadsheets for business expenses.

Amount - input the amount of the transaction.

Memo - add any comments or details about the transaction.

Receipts - upload an image of the transaction receipt.

Category - choose the transaction category, e.g., expense, rent, and supplies.

Type - choose if the transaction is an Expense, Transfer, or Income.

Payee/Description - choose from a list of your payees or add a description for how the transaction was made, e.g., Transfer OUT of Account.

Account - choose if the transaction was made in cash or using your savings or checking account.

Date - shows the date of the transaction.This template divides the columns into ten categories: You can use standard formulas, edit details, and share your workbook as you would on Excel or Google Sheets. It comes in a familiar spreadsheet format but with added project management capabilities. This tracker keeps a detailed record of your income and expenses.

Free income and expense template