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Updated about 4 years ago, 12/04/2020

User Stats

14
Posts
3
Votes
KATHY H.
  • Investor
  • Metro Detroit
3
Votes |
14
Posts

How Do You Track Rehab Expenses

KATHY H.
  • Investor
  • Metro Detroit
Posted

I am doing my first BRRRR and I am trying to see how everyone is tracking their rehab expenses? Currently, I am using an excel spreadsheet to keep track of all my itemized expenses. For example, with the HomeDepot ProX account, I was able to download the itemized receipt details into excel, and categorize them based on asset classes. However, if I shop at other home improvement stores, then I don't have access to those itemized details, and I will need to enter each item I purchased manually. After that has been done, I will then entered the aggregated amount from each category into QuickBooks. For example, in September, I spent $200 in paint expenses, and $3,000 in appliance purchases. I was wondering if I could move this "categorizing" exercise to QuickBooks (is there an import function I could use)? If not, what app do you recommend to scan receipt and categorize expenses? Thanks!

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