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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