Top Apps To Store Receipts & Tax Records
Buried in receipts? Tracking expenses is critical as you keep a handle on the pulse of your business financials. It is also required if you need to document your expenses to prepare an accurate tax return. Plus, if you’re audited by the IRS or state tax authorities, you may need the expense documentation handy.
If you collect tons of receipts every month; there is good news. There are many time-saving apps available that may be the answer to your accounting and business expense woes.
Here are some top-rated apps for storing receipts and tax records:
Expensify: Includes a receipt capture feature and can be synced with your credit cards so that expenses can be pulled in automatically.
Scanbot: Use it to scan and upload charitable donation receipts, medical bills and work-related invoices.
BizXpense Tracker: This app can track expenses and mileage, and it also allows you to record billable hours, and it comes with an expense report generator.
Concur Mobile: Designed for small businesses whose employees travel frequently, you can track travel expenses and approve travel spending quickly.
Get the full list:
Hopefully this will help you better organize business finances and expenses throughout the year as well as give you a less stressful tax season. Keeping your soft copies is also a very smart option! Have questions, contact our team today.