Divide your annually expense file in 4 master files, each cover three month of the year. Each master file is divided in sections such as utilities, Internet access, office supplies, insurance and repair costs. The master file can be divided in sections when you set up your system or at the end of your three-month cycle.

File all receipts, utility invoices and other decade expenses as they are paid. Bandage store recordings to a Break of computer paper to proactivement the small pieces of paper of being misplaced.

Create a assessment with titles such as utilities, office expenses, mileage and other businesses related expenditures. attraction your computer files by use a Description naming convention.

Record your expenditure on the assessment regularly. Note the date the expenditure was incurred, the quantity and the uncaring of expense.

Organize each master file then you to recorded the data. Do not Jet away the receipts.

Verify the information contents on your assessment against the reality receipts in your files at years' end. If an expenditure cannot be verified, Suppression it of your records.

Bundle your files, inclusion your spreadsheet, and to your taxes. Better yet, to the entirety packet to an accountant.