Organizing Receipts With Ease

Organizing business receipts is a painful but necessary step in the bookkeeping process.

Gone are the days where your staff needs to track, store and file a physical receipt of each and every transaction for business purposes. Instead, the Canada Revenue Agency advises that photographed receipts work just as well as paper copies.

They still need to be organized, saved and held onto for seven years, but it makes for an easier process than keeping years of receipts in boxes or filing cabinets. We also highly recommend backing up the photographs for safe keeping.

There are hundreds of apps available to download on iTunes or Google Play, so we’ve narrowed it down to three of the best that would help with your receipt organization.

  • 1. Foreceipt — This app lets you manage your receipts, create expense reports, and organize your business cards. It also automatically uploads the information securely to Google Drive for easy access.
    Customer Review: 9.7/10
  • 2. Shoeboxed — Taking its name from the often quoted method, Shoeboxed has the same capabilities as most other receipt manager apps, with the added integrations of easy exporting to QuickBooks, Outright, Excel and more.
    Customer Review: 8.5/10
  • 3. Expensify — With a simple interface and the ability to organize receipts and create expense reports, this one has over 2.5 million users and 300,000 companies around the world using it.
    Customer Review: 8.5/10