Monthly Business Expense Report

Business expenses are cost that reduces your business revenue. Business expenses are necessary ordinary cost that you incurred in your business operation.

How can I record my business expense?

Business expenses are very important to keep track of. Preparing reports and keeping records of how much money your business have as to how much money you spent in the business helps you to stay on top of you cash flows and do not run bankrupt. Monthly, weekly, daily business expense reports shows business expenses details by recording each expenses. Below are some things to keep in mind when preparing a Monthly Business Expense Report:

• Download or prepare you own expense report format for easy and clear recording.
• Categorized your expenses eg. entertainment, meals & travelling, lodging, staff welfare etc.
• Always state the date, payment type and a description of each expenses.
• Choose the basis you want to prepare your expense report eg. daily, weekly, monthly, quarterly etc. 
• Make sure tracker capture all expenses to show the true amount.

We have created a free Monthly Business Expense Report that will come in handy, so it would be a good idea to download, edit it to suit your needs and keep it on your computer. It will be ready to use then and will save you a lot of time trying to search for it. Bizzlibrary.com has many more documents that would be ideal for your business.