Monthly Business Expenses Template for Google Sheets

As a business owner, it's crucial to have a clear understanding of your monthly expenses. A well-organized budget can help you make informed financial decisions and achieve your long-term goals. One effective way to manage your business expenses is by using a monthly business expenses template in Google Sheets.

With this free template, you can easily categorize your expenses into needs (necessary) and wants (discretionary). This will help you prioritize your spending and ensure that you're allocating your resources wisely. The 50/30/20 budgeting system provides a simple framework for dividing your income into three categories: needs, discretionary spending, and savings.

The template also includes tabs for one person and two people, making it suitable for small businesses or solo entrepreneurs. You can use this template to track your expenses throughout the year, providing you with a clear picture of your financial situation at any given time.

In addition to budgeting, the 50/30/20 rule encourages you to prioritize saving and debt repayment. By allocating 20% of your income towards savings and extra debt payments, you'll be better equipped to handle unexpected expenses or financial setbacks.

To get started with this template, simply download it from Smartsheet and follow the instructions provided. You can then customize the template to suit your business needs and start tracking your expenses today.

Some other free budget templates available in Google Sheets include:

* Free Personal Weekly, Monthly, & Annual Budget Template for Google Sheets

* Home Renovation Budget Template by Smartsheet

* Budget & Transaction Tracking Template by Greenshift

By using a monthly business expenses template in Google Sheets, you'll be able to take control of your finances and achieve your long-term goals. Start budgeting today and watch your business thrive!

Monthly business expenses template for google sheets