As i write this we are in the last few weeks of the year. That means that we’ll soon begin the task of preparing for the annual meeting with our tax preparers!
Many of us have great systems in place for keeping track of business spending, so this process is no big deal.
But for some of us, it’s a different story!
If you have a pile of receipts to go through, you might be interested in an app for your phone that proposes to make life easier for you!
Expensify, available for both iPhone and Android phones may be your new best friend!
From their website we learn:
With over five million users worldwide, Expensify is the #1 tool for expense report management, receipt tracking, and business travel.
Snap a photo of your receipt using SmartScan and Expensify takes care of the rest!
Designed for small businesses, accountants, and individuals who are sick of wasting time with spreadsheets,.
Expensify streamlines business travel and tax compliance with expense reports that don’t suck!
- Automatically record and report expenses with realtime expense reports
- Easy receipt captureUser-friendly mobile and web apps
- Mileage and time tracking
- Accounting integrations (QuickBooks, Xero, NetSuite, Intacct, Oracle, Sage, etc.)
The app is free for the basic plan which includes:
- 10 free SmartScans per month
- Free mobile app
- Unlimited receipt storage
- Email and chat support
Get the app here: https://www.expensify.com then scan your 2017 receipts and you’ll be good to go.
As an added bonus, do this monthly in 2018 and you’ll be one of those people who will breeze through the yearly tax prep process in 2019!