Building a house & I am keeping up with the money,reciepts,etc How & what info should i have for spreadsheets?

Question

My father-in-law is building our house. I get to keep up with the loan
money going in and out, receipts, invoices, etc. I want to create a
spreadsheet for each month for these transactions. I was needing
help on what all info do I need in the spreadsheets and how does my spreadsheet need to be set up? Please Help!!!!!

Answer 1

What goes in: Every invoice or receipt that is paid out. Labor, lumber, permit fees, pizza for the local kids who might help, etc.

If you're computer-savvy, Microsoft Excel is a simple but competent way to keep track of the expenses. If not, then feel free to do it the old-fashioned way by pen and ink.

Simplest way to organize it would be a sequential listing by month. At the end of the month, tally the month's expenditures. If you want information by category, e.g., how much have we spent on lumber to date, then you could make the colums as categories. In that case, a computer program such as Excel would come very much in handy but it's not critical.

Best of success.