Most small business owners know the feeling of opening their wallets, only to find a pile of crumpled receipts. You keep them so you’re prepared for tax time, but deciphering the faded ink feels like a herculean task—let alone trying to recap who the expense belongs to.
You won’t need to stash away receipts anymore; all you need to do is take a photo and log the expense in the FreshBooks Android app right away. You’ll get a clear picture of where your business is spending money and you’ll be prepared when tax season rolls back around. Plus, FreshBooks is fully synced across all of your devices, so you can manage your expenses from anywhere.
Simply open your FreshBooks Android app and tap the Expenses tab at the bottom.
You’ll see a list of all the expenses logged in your account so far. Tap an expense to view the details or to edit it. And, to add a new expense, tap the New button in the bottom-right.
Enter the details of the expense you incurred and add a category. At the top, you can either attach a photo already stored in your Android or snap a new picture of your receipt.
Hit the save button and you’re done. You can feel confident tossing that paper receipt in the recycling bin (bonus points if you make it an over-the-shoulder shot).
Generally, electronic records are acceptable to both the IRS and the CRA for tax purposes. However, if you’re not certain about requirements for your specific business, it’s always best to check with an accountant.
Have any questions or feedback? Let us know—you can give our Support Rockstars a call at 1-866-303-6061 or send us an email.