Small business expense tracking is the process of accurately recording and managing all financial expenditures associated with running a business. Keeping track of expenses can be tedious, but it’s an essential part of effectively running a small business. Doing this will allow you to identify trends in spending, monitor cash flow, manage budgets, ensure tax compliance, and optimize cost-saving opportunities. It’s important to find a system that aligns with your reporting needs and allows you to easily capture and store expenses, create reports, and access past records with ease. That way, you can focus on what matters: growing your small business!