Ever wonder what happened to that receipt that your bookkeeper or accountant is chasing off you? Perhaps it’s hidden in the console of your car, or the bottom of your handbag, even worse in the recycling. Well… have no fear! Gone are the days of having to keep your physical receipts and say hello to Receipt Bank.
One of our favourite software apps to come to the market and one we encourage all our clients to use, Receipt Bank offers electronic document storage solutions for both businesses and individuals.
Three reasons why we LOVE it;
- It’s simple and easy to use! Use the app, take a pic and let the app do the work
- It ticks all the boxes when it comes to satisfying the Tax Office requirements for retaining receipts
- It integrates with all the major online accounting software, including Xero and QuickBooks online. So it means Receipt Bank can send a copy of all the info and an electronic copy of the receipt straight to your accounting software, saving time and improving your recording keeping.
As much as we love the satisfaction of filing away paperwork into a folder with nice neat tabs and references, nothing can compare to the satisfaction of truly being paperless and eliminating requesting documentation come BAS and tax time.
Looking to save the environment? Receipt Bank even offers the ability to email electronic invoices directly to your Receipt Bank account or even better, get your suppliers to email directly to your account. Awesome!
Go on and give it a try, your business will thank you for it!