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Updated almost 2 years ago on . Most recent reply

Forrest T Schue's profile image
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Forrest T Schue
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  • Member since May 5, 2022
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Forrest T Schue
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Forrest T Schue
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Personal Finance

Receipt Tracking and Bookkeeping

Forrest T Schue
  • Investor
Posted

Hello everybody,

What methods do you recommend for tracking and documenting businesses receipts? 
shoebox? A software?

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Marcus Auerbach's profile image
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Marcus Auerbach
  • #2 All Forums Contributor
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  • from Milwaukee - Mequon, WI
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Marcus Auerbach's profile image
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Marcus Auerbach
  • #2 All Forums Contributor
  • Investor and Real Estate Agent
  • from Milwaukee - Mequon, WI
  • Member since Aug 7, 2010
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Marcus Auerbach
#2 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
6,432
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Marcus Auerbach
#2 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

A shoebox is fine, just make sure you bring the content to your bookkeeper once a month to be entered in QuickBooks. Keeping up with paperwork on a monthly basis makes tax time so much easier. Also you have better things to do then bookkeeping!

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