Here are some common business expenses you are likely to encounter: Any expenditure that is related to your business is considered a business expense. Part of the bookkeeping process is tracking business expenses properly. Choose an appropriate accounting system.Here's how you can track your business expenses: You may use a variety of methods to track business expenses, but in order to manage your business adequately, keep track of expenditures, and ensure that expenses are accurately accounted for, you will need to create an expense tracking system that works for you. Learn how to start tracking expenses with these steps. Tracking business expenses is an important part of maintaining a small business, and as a small business owner, you can't afford to ignore it.
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