Business Expense Tracker
The "Business Expense Tracker" template is designed to help businesses organize and monitor their expenses efficiently. By categorizing expenses and tracking vendor-specific spending, this template facilitates detailed expense tracking, enabling better budget management and identification of cost-saving opportunities. Additionally, it allows businesses to track expenses over time for specific categories, providing insights into spending trends and aiding in forecasting and financial planning.
Purpose:
This template is perfect for business owners or financial managers looking to gain control over their monthly expenses. By categorizing expenses by vendor and type, you can better manage budgets and identify where the largest portions of your business funds are going. It’s particularly useful for tracking recurring expenses like subscriptions, marketing, and operational costs.
How to Use This Template:
Set Up Your Expense Categories:
Start by setting up categories that work best for your business. You can import a shared category list by visiting this link.
Make sure your transactions are categorized correctly using automation rules or manual overrides where necessary.
Import the Template to Your Account:
Click the "Import template to my account" button to get started.
(Optional) Select Specific Accounts or Time Frame to Track:
Hover over the block and click the menu icon in the top-right corner. Select "Edit."
In the right-hand drawer, go to the Account Selection section and choose the accounts you want to monitor.
Use the Date Range Picker to select the desired time range for expense tracking.
Monitor Specific Categories (Optional):
For example, the template tracks monthly marketing expenses by default. If you want to track a different category:
Open the block editor.
Locate the metrics → filters section and change the category filter to the desired category.
Click the block title to update it accordingly.
Tips:
Regularly update your accounts and categories to keep an accurate snapshot of your business expenses.
Clone and customize blocks for additional categories or time frames to get a holistic view of your business spending.
The "Business Expense Tracker" is the ideal tool for staying organized, managing business finances, and making informed decisions to optimize business expenditures.