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Monthly Household Expenses Spreadsheet

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Topic : Free monthly household expenses spreadsheet.

Category : Expense.

Author : Claudia McGowan.

Published : Sat, Sep 22 2018 :5 AM.

Format : jpg/jpeg.

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Whether you recently launched a startup or you have been in business for some time, you have no doubt identified different ways to maximize profit, right? If you are taking the time to do that, don’t sacrifice all that ground gained by letting your business’s expenses fall by the wayside.

If you have employees that generate expenses for your company (travel, client lunches, event attendance, and so on), it is important to have good control over their expenses, too. Start first by instituting a credit card usage policy for your company to ensure that they understand the rules of it (i.e. budget limits and who’s responsible for paying outside of them).

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Paper records, while great for backup, often prove difficult to manage come tax time, so ditch the pen and paper as soon as possible. If you still receive paper receipts for expenses, use a mobile app or scanner to copy receipts and records into the cloud and store them away immediately. Also, stop paying with cash for business expenses. Credit cards are a much more efficient way to make payments and spend less time tracking them down later.

On the other end of the spectrum, overly complicated expense reports can lead to resentment from employees, who may be tempted to exaggerate expenses to make up for the hassle of filling out the expense report in the first place. In general, asking for price and date information plus receipts is reasonable for companies that don’t use a flat per diem rate. Here are some ways you can accelerate the expense reporting process.

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