It makes them fully searchable on your smartphone, tablet or computer. Receipts by Wave (Android, Apple Free) doesn’t just scan your receipts. And if you have endless stacks of old paper receipts, you can pay to let Shoeboxed digitize and organize them for you. If you use QuickBooks, Excel or another tool to budget, you can export your data to that format with ease. The app syncs to the web version of Shoeboxed automatically. In addition to storing them, the app has certified professionals who can review up to five of your receipts every month. Shoeboxed (Android, Apple Free) lets you scan receipts with your phone’s camera and extracts the information for increased organization.
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Finally, it’s compatible with major accounting software for easy report submission, or you can create a PDF to submit. It can even generate IRS-guaranteed eReceipts. Expensify will link up with your bank account or credit card to pull transactions that don’t have a receipt. You can track the hours you worked with a tap, and it also tracks mileage using GPS or with a picture of the car’s odometer. Tired of saving and juggling receipts for that business expense report? Expensify (Android, Apple, Windows Phone Free) automatically creates reports right from the photo of a receipt. So without further ado, let’s get to work reducing the receipt clutter. There are even options that the IRS will accept if you’re worried about that. You’ll have no trouble pulling the exact receipt you need when you need it. There are smartphone and tablet apps that not only let you scan receipts, they organize them for you. Here’s the secret: You don’t need to bother with an expensive or slow receipt scanner. They take up less space and they’re easier to search. Instead of keeping paper receipts that can get lost and destroyed, many find the best solution is to turn them into digital files. So, when every penny needs to be accounted for, how do you make sure that a receipt doesn’t get overlooked, or worse, accidentally tossed? Otherwise, they can really weigh you down. Of course, this can create a mountain of receipts every year, so you need a plan in place to organize them. Whether it’s to double-check an odd entry in the accounting software or to know you’re covered if the IRS comes calling, you have to have them.
One thing you learn over the years is that keeping receipts is essential.
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