Capital is important for running any type of business. money isn’t just required for long-term operations, but also for the business’ day-to-day purpose. Tracking of business and personal expenses is essential for every individual.
Tracking your income is the trouble-free part of creating a budget. But it is hard to track your spending. That’s why the business expense tracker app is important and helpful. Through tracking your Business expenses you can clearly know your monthly expenses, money flow, profitability, cash, debts, etc.
Here are the suggestions of 5 must-have business expense-tracking apps. It can help businesses and employees record and account for business expenses better and faster than before.
Best Business Expenses Tracker Apps 2020
- TakeFin expense tracker app
Expense Tracking Apps For Small Business Owners
Expensify app helps you to keep track of business expenses, mileage, and bill. Ideal app for both solo and companies with no more than 1,000 employees. You can link your credit or debit card directly to your Expensify account. Easy to capture receipts and track your expenses record directly to your mobile.
Expensify app offers you different paid plans for tracking your business expenses easily. It helps you to scan receipts and create expense reports. These also assist in multiple expense reports that can be converted to PDF files.
- Mileage tracking
- OCR receipt scanning
- One-click export
- Real-time expense reports
- Real-time travel notifications
- Credit Card Import
2. EveryDollar Financing
EveryDollar is the best business finance tracking app that allows you to connect with your bank account and import transactions and keep you updated with your spendings. It helps you with your financial planning. you can also create a monthly financial budget.
This helps you to make sure you don’t overspend in any area. Through a digital expense sheet, you can easily check your daily, monthly expenses.
- Auto Addition and Subtraction.
- Add a Split.
- Order Debt From Smallest to Largest.
- One-click export
3. TakeFin Finance
TakeFin Finance Tracker app is the best personal and business expense tracker app which helps you to create and track your monthly budget easily. Tracking gives you an estimation of your monthly expense. It also gives you knowledge of your money where it comes from and where it goes.
Easy to record all your expenses in one place. You can do a period wise comparison of expenses for better money flow analysis. Takefin finance app also provides a fully digital format to record and track all your expenses and analyze it without giving stress to your brain.
- Personal & Business Finance Manager
- Add Expenses Record
- Digital Data Intelligence
- Download Report
- Monthly Comparison
4. Quickbooks Accounting
QuickBooks is the best business accounting software program. It helps you to create comprehensive invoices, manage cash flow, keep track of profit and loss, and more. You don’t need to be an accounting expert to run QuickBook.
Track your sent invoices even if they are in multiple currencies. You can easily connect your bank account with the app and track your all profit, losses of your business. It gives you a digital view of your business finance.
- Time Tracking
- Cash Flow Management
- Accounting Reports
- Multiple Users
Concur app is mainly designed for small businesses. The app is available for both iPhone and Android users. You can track and record your expenses through mobile and system. This app is best for those businesses whose employees mostly travel for work purposes.
Track your travel expenses and approve travel spending for employees, as well as book hotels and flights.you can easily link up your credit and debit card to your concur account.
- Receipt Capture
- Expense Report Creation
- Expense Report Approval
- Corporate Card Integration
- Basic Reporting