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Track Income Andpenses Spreadsheet With New Diabetes Tracker Image Of

track income andpenses spreadsheet with new diabetes tracker image of and expenses excel for tracking business free to

Topic : Excel spreadsheet to track income and expenses.

Category : Expense.

Author : Gabrielle Glassop.

Published : Thu, Sep 13 2018 :2 PM.

Format : jpg/jpeg.

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Paper expense report forms can be illegible, easily lost, and prone to errors. Making expense report forms electronic, and allowing JPEG photos of receipts or electronic receipts can address these issues effectively. If an employee can’t get an electronic receipt, he can snap a photo of a receipt with his phone and use that with the electronic expense report. This way, you avoid lost or coffee-stained forms, illegible handwriting, and smudged ink on receipts.

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Paper expense report forms can be illegible, easily lost, and prone to errors. Making expense report forms electronic, and allowing JPEG photos of receipts or electronic receipts can address these issues effectively. If an employee can’t get an electronic receipt, he can snap a photo of a receipt with his phone and use that with the electronic expense report. This way, you avoid lost or coffee-stained forms, illegible handwriting, and smudged ink on receipts.

You can integrate electronic forms and receipts into a convenient online workflow that allows employees to fill in expense reports, attach electronic receipts, and then submit them online so that the proper approving authorities are automatically notified that their input is needed. When approving authorities OK an expense report, they can then submit it to accounts payable, who can be automatically notified and begin the reimbursement process. If there’s a problem with an expense report, the employee can be alerted that more information is needed.

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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.

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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