Even the smallest businesses often have extensive expenses to keep track of on a monthly basis.
Keeping track of expenses by hand or in spreadsheets can work to start with but when you have so many different types of business costs to consider it can quickly get complicated. From logging mileage to recording staff expenses, having something that brings all of this information together can save time and money.
Online Accountancy – Managing Expenses
Online accounting systems allow you to organise your expenses into a number of different categories. You can also assign expenses to specific employees, making it easy to keep track of individual costs or totals over a predefined date.
1. Saves time
2. Automatically links with accounts information
3. Ability to drill down to individual expenses or review totals
4. Manage your expense on the go