Purpose
Record business expenses so net earnings and monthly spending can be calculated correctly.
Simple Example
A $78.40 gas purchase is recorded as a delivery business expense with a receipt note.
Simple Bookkeeping Decision Rule
Only business-related expenses should be entered in the tracker. Each expense should have a date, category, description, amount, and receipt note.
Screenshot: Business Expense Tracking
Analysis
The expense tracker includes 37 expense records totaling $2,863.77. Each expense includes a receipt status and a supporting document source such as a fuel receipt photo, phone bill PDF, repair invoice, insurance policy, parking receipt, or E-ZPass statement.
Result
Expenses are clearly documented and ready to support monthly bookkeeping review and possible tax deduction review.