How can I effectively manage my research team's expenses?

How can I effectively manage my research team's expenses?

To manage your research team's expenses effectively, start by setting a clear budget and tracking all expenditures.

What tools can I use to track these expenses?

You can use tools like Excel, Google Sheets, or specialized software like Expensify or QuickBooks for tracking expenses.

How often should I review the expenses?

It's best to review expenses monthly to ensure you're staying within budget and to make adjustments as needed.

What should I do if we exceed our budget?

If you exceed your budget, analyze the reasons, adjust future spending, and consider seeking additional funding if necessary.