It answers the five important questions about the money that goes out of your business: exactly what is going out, who is spending it, where or to whom it’s going, why it’s being spent, and how, or which payment method is being used. It is an Excel spreadsheet that enables you to track, record, and easily view your business expenses. Get template What is a business expenses spreadsheet on Excel? This is where Stackby comes in handy with free Excel Spreadsheet templates to track business expenses. The next step is to figure out how to leverage Excel’s features to do that. When you’re looking to cut down on superfluous costs, even hiring an accountant or bookkeeper might seem like an unnecessary expense.Īt the same time, what other options do you have as a business owner if you want to maintain your books with ease? Spreadsheet software like Microsoft Excel are great for storing and managing numeric data about your business, particularly when tracking business expenses. Of course, small and midsize businesses might find this to be a tall order, especially when just starting out. So much so that companies that can afford it set up a dedicated accounting department and employ experts trained in the art of managing finances and keeping books. Keeping finances in order is vital for any business, large or small.

An excel spreadsheet for tracking business expenses, can keep your finances in budget.