What is an expense tracker spreadsheet?


Quick Answer

An expense tracker spreadsheet is a tool that enables individuals and businesses to see how much they spend each month on specific categories of goods and services and to compare those amounts against their budgets, notes Vertx42. This type of spreadsheet is also a helpful tool for project planning since it can help show if a project will go out of budget.

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Full Answer

Expense tracker spreadsheet formats vary depending on purpose but may include a list of pre-selected expense categories, such as food, business expenses, debt payments, transportation, child care costs and health care. The spreadsheets may also contain space to write where money gets spent and subtract monthly expenses from the person's income or set budget, notes the Credit Counseling Society.

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