So on a related note from yesterday, here’s an example of an
expense sheet I use on Google Docs. It’s so important to keep your receipts so
you can easily update this. (Make sure to keep your receipts as proof of
purchase just in case you get audited.) Some accountants will ask for them also
to cross check your records.
At the end of the month, the total is what I subtract from
the total amount made during the month, and that’s how I figure out my profit.
Any questions, please ask!
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