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  2. How to track business expenses in 6 simple steps - AOL

    www.aol.com/track-business-expenses-6-simple...

    If you need help setting up your spreadsheet, look up Excel expense tracker templates. Business expense tracker apps typically include a range of tools such as receipt scanning and storage ...

  3. 35 essential business expense categories for businesses of ...

    www.aol.com/finance/35-essential-business...

    Fuel, maintenance, insurance, and other car expenses are all business expenses, provided the vehicle is used exclusively for business purposes. The IRS standard mileage rate can also be deducted. 22.

  4. Cost of goods sold - Wikipedia

    en.wikipedia.org/wiki/Cost_of_goods_sold

    These costs are treated as an expense in the period the business recognizes income from sale of the goods. [4] Determining costs requires keeping records of goods or materials purchased and any discounts on such purchase. In addition, if the goods are modified, [5] the business must determine the costs incurred in modifying the goods. Such ...

  5. LedgerSMB - Wikipedia

    en.wikipedia.org/wiki/LedgerSMB

    LedgerSMB is a libre software double entry accounting and enterprise resource planning (ERP) system, focused on functionality required by small (self-employment) and medium size businesses. However, companies with millions of journal lines should also feel supported. [ 2 ]

  6. Expense account - Wikipedia

    en.wikipedia.org/wiki/Expense_account

    An expense account is the right to reimbursement of money spent by employees for work-related purposes. [1] Some common expense accounts are Cost of sales, utilities expense, discount allowed, cleaning expense, depreciation expense, delivery expense, income tax expense, insurance expense, interest expense, advertising expense, promotion expense, repairs expense, maintenance expense, rent ...

  7. Expense management - Wikipedia

    en.wikipedia.org/wiki/Expense_management

    Expense management automation has two aspects: the process an employee follows in order to complete an expense claim (for example, logging a hotel receipt or submitting mobile phone records) and the activity accounts or finance staff undertake to process the claim within the finance system.

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