best app for keeping track of receipts

This way, if an audit occurs, you will have proof to back up any claims you have made. At Keeper, we’re on a mission to help people overcome the complexity of taxes. We’ve provided this information for educational purposes, and it does not constitute tax, legal, or accounting advice. If you would like a tax expert to clarify it for you, feel free to sign up for Keeper. As I was getting familiar with the app, I asked the “Concierge” (Expensify’s support chat) to walk me through creating a report as a new user. Neat is perfect for small businesses needing to share files and collaborate with team members.

Instead of listing out prices, you have to request a pricing quote. Concur is designed for large companies that have lots of employees and frequently travel globally. Concur does have solutions for small businesses, but they can be pricey. Small business prices start from best app for keeping track of receipts $20/month when billed annually and go up to $60/month. One perk is that you get as many as five users and 300 documents on the lowest plan and 30 users and 4,000 monthly documents on the highest. In addition, you can integrate Expensify with your accounting software.

QuickBooks: For the accounting-savvy business

The only downside to Receipt Bank is that it won’t let you manually input receipt information, which can be a hassle if you don’t have the receipt in front of you. Digitizing your records is also a great way to avoid accidentally tossing them in a move or an overzealous fit of spring cleaning. Plus, let’s not forget that paper records can fade, and are susceptible to damage. Telling the IRS that “the dog ate my tax records” simply won’t fly. The app has received numerous awards from big names like
Nasdaq and PC Magazine. Most of the praise comes from the way Abukai automates
report-generation for you.

  • It also has a guaranteed SLA of 99.9%, provided you sign up for the Business plan.
  • HMRC says it may charge you a penalty if your records are not ‘accurate, complete and readable’.
  • Freeware gives exportable reports, though you must upgrade to export XLS sheets or specify report parameters.
  • Expensify is PCI-compliant and integrates well with accounting software like Xero and QuickBooks.
  • For example, if you operate in the healthcare sector, you may need a solution that complies with HIPAA regulations to ensure the security and confidentiality of sensitive patient information.

Any business owner’s receipt pile can quickly grow out-of-hand and become overwhelming to manage. Your iPhone is a great place to store receipts and there are lots of apps in the App Store that offer this feature. Expensify simplifies the process of creating and submitting expense reports.