Journal entry expenses are a form of accounting that tracks and records all financial transactions related to business operations, including income and expenses. Every time money enters or leaves the business, a journal entry expense is created to document it. This helps managers accurately track the business’s financial health, ensure accurate reporting for taxes and other regulatory requirements, and make informed decisions about how best to use their resources. Journal entry expenses are an essential part of any effective business strategy – and now more than ever, it’s important to get them right!