As a busy business owner you may find yourself or your employees:
Out on the road
Meeting clients offsite
Or travelling interstate
This is where keeping track of receipts can begin to be a challenge for many people. Receipts get lost, damaged, end up getting scrunched up at the bottom of the handbag (to the point where they’re not even legible) or disappear in the glove box to be never found again. You didn’t get into business to do paperwork.
This can make things difficult when it comes to tax time and you’re looking to put in a claim or you’re having to provide source documents.
Luckily for business owners, there is a nifty solution that doesn’t make our lives harder and allows you to carry on working smarter!
Receipt Bank solves the problem of keeping track of your receipts while you’re out and about. Simply snap a photo of the receipt using your smartphone to instantly add the receipt to your online storage system. Once you have taken the photo you don’t have to worry about keeping the receipt because clever technology safely and securely stores the receipt data which can be easily accessed anytime and integrated into your accounting software.
The functionality exists for multiple user accounts which makes it easy for employees or multiple business owners to all be able to upload their receipts to one central location. You no longer have to chase up missing receipts at the end of the month.
Consult with your bookkeeper or advisor to discuss if Receipt Bank would be a good fit for you and your business.