Common Notion template questions Is Notion a good finance tracker tool? Spend management tools do this for you, so you stop worrying about finance tracking and focus on growth. You'll also need to check the company bank account to see what has actually been spent. Without these tools, you need to be highly vigilant and manual add each cost to your spreadsheet. And spend management software (including an expense tracker app) logs every expenditure the moment it occurs. The cards let employees pay for approved expenses without using their own money. The easiest way to do this is with smart company cards and spend management software. It's critical that you actually monitor what's spent, and put clear company guidelines in place. But simply having a written budget doesn't actually ensure you keep spending in check. Track business expenses in real timeĪ company budget is a valuable, necessary tool for any startup, small business, or enterprise. Learn more about common business expense categories. Brand new businesses might still be in the R&D phase, with most costs going towards product development and salaries. More aggressive, modern startups might allocate significant amounts to marketing, trying to bring in new business as soon as possible. But the proportion of available cash you allocate to each depends entirely on your business growth plan. Simply acknowledging and tracking these costs is one thing. Office costs (furniture, stationery, food & beverages) What spending categories should be included?Įvery company has its own costs, and certain types of expense will be more relevant to your particular business.īut as a starting point, your business budget might include: Show other users how to duplicate the template for their own budgets, and lock your final budget to avoid unwanted changes. The best Notion templates are collaborative - as is finance tracking. Share the budget planner with other teams and budget managers for input. You could choose to use monthly budgets (quarterly by default), group certain categories together, and more. This includes the total budget, expense categories, and set costs for each activity.Ĭheck out the different database views and change them as required. Update the example details to match your own financial goals. Click the three dots at the top right to duplicate.) (The original Notion page is locked and cannot be edited directly. You'll find instructions in the Notion page, but here are the basic steps:įollow this link for access to the Notion templateĭuplicate the page and add it to your workspace. Your free Notion template is ready to use right away.
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