An Expense Tracker Spreadsheet is using to track expenses can be anything that has to do with your business. For example, the office equipment that you use, food you buy, or the customers that you pay.
A good Expense Tracker Spreadsheet allows you to import your records into it can keep track of your employee’s expenses. If you have a number of employees, then tracking their expenses will be important, especially if they are not very discrete about their expenses.
To begin with you will need to get an Expense Tracker Record Book and enter the records you want to track. This record should contain names and numbers of the different accounts you are considering tracking. I would advise you to print off a copy of the Record Book so that you can refer back and look for your records as you go along.
Once you have entered your records, you will have a rough idea of how many records you need to track. Use the same criteria you use for setting up your Accounts Receivable Spreadsheet. Set up columns for expenses and you can also do as per what you think is appropriate. Use Expense Tracker Spreadsheet software to do the job and you will find that the job becomes easier.
You can add reports such as details of receipts and help desk ticket status if needed. For instance, if you have several staff members and you have a separate one for each part of the business, then you may want to add a section to the Expense Tracker Spreadsheet for each employee.
I like to add the name of the employee as well as their location, address, and the type of service they perform in the Account Details column. By doing this you can easily see if an employee spends more time working on something that they have a special expertise on or if they are only working on what is done on a regular basis.
If you set up a more detailed section for each employee that has several different levels of responsibility, then you will know whether they are more productive or less productive. When you add some detail about your staff and how well they are performing in the financial department of your business you will be able to see if you are making the right choices.
By using an Expense Tracker Spreadsheet you will be able to see what are your expenses, how much money you spend on each expense and when it occurs. There are a number of different programs on the market but the two I use most are Quest Expense Tracker and Expensify.