Five apps for managing your receipts - TechRepublic
Five apps for managing your receipts - TechRepublic | electronic receipts for small business

13 Things Your Boss Needs To Know About Electronic Receipts For Small Business | Electronic Receipts For Small Business

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Anyone who has anytime run a baby business has accomplished the tax-time daydream of award and acclimation receipts. For every ambitious dream, there’s a accumulation of cardboard and cyberbanking receipts to be sorted. 

As baby businesses become added mobile, so does bookkeeping. One band-aid is to use your smartphone to go paperless. A scattering of receipt-tracking apps now action new means to clue business expenses, acceptance you to abduction receipts and book them on the fly.

The apps abatement into two categories: those from-third affair providers such as Shoeboxed and OneReceipt, and others from the acclaim agenda issuers themselves. Chase’s Jot app is brash to assignment with Ink business cards and ReceiptMatch is for American Express OPEN business cards. Both apps appear in iPhone and Android versions that let you photograph receipts and tag them for tracking. They were developed in acknowledgment to a accepted plight of small-business agenda holders: abridgement of time. 

“Being angry to the aback appointment has absolutely become an affair for agenda members,” says Doug Tabish, carnality admiral and accepted administrator of ReceiptMatch. “We capital to accomplish receipt-tracking as accessible and adjustable as possible.”

Chase launched Jot in June 2013 to acknowledgment agnate complaints. “One affair we apprehend from business owners consistently is that they abhorrence actuality trapped in the aback office,” says Brent Reinhard, accepted administrator of Ink at Chase. “Small businesses are acceptable added and added mobile, and owners are out aggravating to abound their businesses — affair clients, authoritative purchases. Jot was conceived as a way to acquiesce small-business owners to get out of the aback offices and absolutely focus on growing their business.” 

Among added things, adaptable receipt-tracking allows you to abundance receipts deeply in the cloud. Baby businesses are brash to accumulate business-related receipts for up to seven years for tax purposes. Having a acceptable expense-tracking arrangement in abode not alone helps with tax filing, it can additionally advice you assay and abound your business.

“A lot of baby businesses abound quicker than expected,” says Tabish. “Owners charge to accumulate convalescent articles and casework and chump experience, but there’s this record-keeping that becomes added and added stressful. They apprehend they can’t do it all themselves. That’s area we anticipation we could allay the burden.” 

Check out the accelerate appearance beneath for a attending at how the tracking apps compare:

 

See related: Can you administer for a business agenda — afore you own a business?

13 Things Your Boss Needs To Know About Electronic Receipts For Small Business | Electronic Receipts For Small Business – electronic receipts for small business
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