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Real Estate Agent Expenses Spreadsheet

real estate agentes spreadsheete budget template excel free agent expenses spreadsheet expense tracking

Topic : Real estate agent budget template excel.

Category : Expense.

Author : Anna O'Shaughnessy.

Published : Fri, Sep 14 2018 :7 AM.

Format : jpg/jpeg.

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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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Whether or not your expense reporting is audited by outside agencies, most companies want to evaluate their expense reporting process periodically. When the process is paper-free, online, and mobile, audit trails can be assembled automatically as steps are completed, and there is always a record of who approved what. If questions arise, it’s much easier to re-check an electronic expense report than it would be to dig through a file cabinet and hope that all the receipts managed to stay attached.

Want to think about your business expenses in a positive way? Consider this: while the total amounts may not always be predictable, the frequency at which they occur is—which is ideal for tracking purposes. Wherever possible, schedule your regular expenses (like employee insurance, rent, software costs) to process on the same day of every month.

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You can then provide employees with a credit or debit card to pay for their business-related expenses. Just don’t forget to review regular reports on their spending habits. This way you will be able to catch any abuses or tendencies towards grandiose spending before it is too late.

It can be hard at times for business owners to separate their personal and business lives from one another. One area where that should not be a problem though is with expense accounts. If you are still using the same credit card or banking account for all of life’s expenses, don’t. Instead, use a business credit or debit card solely for business expenses. This will ensure there’s no time wasted trying to figure out what was a personal expense versus a business one.

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