Apps for Tracking Your Expenses
As for Eric Tyson (Co-Author Small Business for Dummies) keeping a track of your expenses of business is essential for several reasons. From documenting expenses and other financials to enable you to prepare an accurate tax return to auditing and revenue tracking, an entrepreneur needs to know how his/her business is performing anytime.
But with the development of mobile technology, there are many apps that could help you make the expense tracking process easy. Such apps are also an expedient way to get timely expense reports from your employees. Without any further delay here are our top picks for expense tracking apps.
Expensify won the gold award at the TopTenReview as of the top expense tracking apps.With this app you can automatically record, report, and submit expenses with real-time expense reports, you can track mileage and time, activate next-day direct deposit reimbursement, and you can even integrate accounting software such as QuickBooks, Xero, NetSuite, Intacct and etc…
Shoeboxed is another expense tracking app that has great features to make it easy to track your expenses. With Shoeboxed you will be able to transform receipt images that you have into accurate and human-verified data, you can archive receipts on-the-go, generate and email expense reports in seconds and export expenses to QuickBooks, Wave Accounting, Excel, Outright, Xero and other tools that you have.
BizXpenseTracker is specially designed for small-business owners and consultants. This app is quite comprehensive. Not only you can track your expenses with this app you can record time worked. You can easily customize this app so it would be easy for you to use. Not only that but also you can export your reports to Dropbox, Box or directly to your Mac or PC via a Wi-Fi connection, email your reports and photo receipts, also you can email database settings to others in your company (without sending your entries) and etc..
With the words “Run your business better.”, Concur has become one of the top apps when tracking expenses.In addition to a strong online presence, Concur offers several mobile solutions to help your business run smoothly. With Concur you can import data from credit cards, submit and approve expense reports, add event and meeting attendees, approve travel requests and etc….
You may not have heard much about this app but Mint has ranked among top 50 app in 2016 by Time Magazine. With Mint you can manage your finances, keep track of your budgets, you can avoid paying late fees by getting alerts and schedule payments on bills, receive alerts for unusual account charges, and get custom tips for reducing fees and saving money, save smarter from day one by helping create budgets that you can stick to and much more.
Here are our top recommended apps to track your expenses. This app could not only help you keep track of your expenses but also save money. Keeping in mind that there are so many apps out there, we are always open to recommendations. So if you think there are more apps that could help you keep track of your expenses, let us know by leaving a comment below.
