I would like to be able to track invoices submitted for payment (this would
include automatic calculation of total spent to date and balance of budget;
additionally it calculate consolidated spreadsheet of expenses for each
service provided and cost center.

You need something like Quickbooks.

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"INVQueen" <INVQueen@discussions.microsoft.com> wrote in message
news:2C7A25BB-8F4D-4DE7-AE21-3E866A26EB4E@microsoft.com...
>I would like to be able to track invoices submitted for payment (this would
> include automatic calculation of total spent to date and balance of
> budget;
> additionally it calculate consolidated spreadsheet of expenses for each
> service provided and cost center.