Tracking expenses and keeping receipts organized is one of the number one things people struggle with when it comes to business. It can be time consuming and tedious, and people just seem to not like doing it! (We don’t blame them, but it needs to be done).
It comes time to get everything together to file your taxes… You have a file folder of receipts from all different types of expenses. You’ve tried to stay on top of it this year, you really have! But sometimes you forget a receipt or two in your wallet or your car… Sometimes you have email receipts and those are easy to forget about. What category was that purchase in again? Suddenly you’re in the same stressful situation you always seem to find yourself in during tax season. Seriously, we get it. You are NOT the only one who struggles with this.
That’s why this week we wanted to share with you one of our favourite Apps to make keeping track of those expenses so much easier! ReceiptBank.
What is ReceiptBank?
ReceiptBank is an app that allows you to take photos of your receipts and categorize them digitally. Then, at the end of the year, you have a categorized list of all of your expenses for tax deduction purposes.
If you haven’t already, check out our previous video on how to track your expenses.
Check out this video for a quick tutorial on how to use ReceiptBank. Be sure to subscribe to our channel for more tax tips and recommendations.
