Expense reports for small businesses are an essential tool for tracking and managing expenses. They provide business owners with a clearer picture of what’s being spent, where the money is going, and how much remains in the budget. Expense reports provide an easy-to-read summary of all out-of-pocket costs, including office supplies, travel expenses, training materials, and more. Being able to track these costs can help ensure that small businesses stay within their budgets while providing evidence of expenses in case of an audit or other inquiry. Investing in expense report software can help make it easier to monitor spending and can also be used to calculate taxes, submit vendor invoices, and more. It’s never been simpler—or more important—for small businesses to keep track of their expenses!