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Updated over 2 years ago, 04/12/2022
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Expense and receipt mgmt - Is there an app for that?
Starting on my second flip next week.
Did a not-so-great job of keeping up with receipts and expenses on my first flip and it made things difficult in the end to fully asses.
I think what Im looking for is an app that allows me to take a photo or screen shot of a receipt and then uses OCR to extract information.
The result would be a list of items on the receipt and the price paid for each.
I would then, presumably later in the day or week, assign a category to each item (ex. paint, drywall, appliances, cabinets, labor) and maybe even a sub category (bedroom 1, bathroom 1, kitchen, etc).
I’d be able to open the app, click on categories and see where we stand in the budget.
In the end, I could have the app create a spreadsheet to show a summary or a detailed report and be able to save it to my drive and/or email it.
Would be fantastic if I could also click on an individual item and it would pull up the receipt/screenshot.
Does such a beast exist? Is there an app for that? Free would be great, but I’m willing to drop some cash on it.
Thanks for any suggestions or thoughts!