![]() Thanks to its beginner-friendly interface and affordability, the platform is our top pick. The platform also boasts a free plan that supports up to three users. The cloud-based receipt scanning software solution delivers all the hallmark features, like automatic receipt scanning, richly detailed reports and integrations with popular accounting software packages. Zoho Expense is a boon for business owners seeking a straightforward yet feature-rich solution. Check out more budgeting advice, tips and tricks so you can make the most out of your money.Zoho Expense: Best overall receipt scanning software Of course, a properly calculated budget doesn’t just happen overnight. And when tax season rolls around, you have a convenient document to draw from, instead of hunting down receipts to present to your tax preparer. Work travel (broken down to lodging, meals, etc.)īusiness-focused templates are available for Excel, especially specific ones that keep track of your bill payments, general ledgers, or even expense reports for startups.īy tracking your expenses for your business in a spreadsheet, you can also identify potential sources for fraud, such as monetary discrepancies for yourself and others.Some of the most common categories for business expenses include: If you own a small business, you’ll have expenditures in different categories to record. Business expenses to consider for your monthly tracker By using the AutoSum feature, you can see how much you’ll be spending per month, or year, and tweak your budget to match your goals. ![]() Lastly, Excel makes it easy to tally up a total cost across columns. You can estimate how much you’ll pay per month for utilities, or if you know that you have a fixed rate for mortgages and loans, you can fill in the blanks ahead of time. Your rows can be tied to the months in this year where you’re anticipated to make monthly payments or save for major repairs. In an Excel template, you can create new sheets for each of these major categories, then break them down to specific expenses.įor example, create a new sheet, name it Housing, and then dedicate a column to the expenses that fall under this category (monthly mortgage payments, anticipated home repairs, etc.).
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