Business owners and accountants can track expenses using different automated methods:
- Digitize all your receipts with a receipt scanner. Sage offers AutoEntry so data entry of invoices, receipts, bills, or statements is automatic.
- Use expense tracking software, such as Sage Accounting, to categorize and keep your expenses all in one place.
- Have a dedicated business bank account and card.
- Connect your bank account to your accounting software to automatically import transactions and manage expenses.