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Updated over 5 years ago on . Most recent reply
Digitally organizing Receipts?
All i've doing up to this point is keeping my receipts in boxes, hoping the print won't melt away. Im pretty frugual, so i'm trying to justify whether quickbooks is worth the money, since it's monthy and not a one time cost,. Any other ideas to help organize receipts and digitize them in case i get audited?
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I have a couple of thoughts on this: the easy option is to just take a photo of them on your phone, and then add the photo to an album specifically for REI receipts. If you're just wanting to categorize your expenses with the saved photos of your receipts, and you don't use TurboTax, then a free app like Stessa (for iPhone) or the TimelyBills App (for Android) might make more sense.
I would also argue it matters how many properties you have, and how complicated your financial situation is. Quickbooks is owned by the same company as TurboTax, so that's something else to include in the decision-making process also--again, depending on how complex your scenario is.