Mobile devices became irreplaceable instruments… They enable us to do much more than just call and send text Messages. Today’s smartphones be loaded powerful Applications that help us manage both our work and personal life. And they can be one of the easiest solutions for accountants tasked with tracking way down receipts for employee expense reports.
IRS requires receipts for business expenses over $ 75. If your employees regularly lose receipts or by requesting copies from your corporate credit cardsmaybe it’s time to introduce receipt scanner app for your staff.
It’s comfortable tool allows you to quickly capture important business deal as shopping, bills, payments, etc. and store them digitally… In fact, some of the most popular smartphone Programs available today include built-in receipt scanners…
What are Receipt Management Apps?
A receipt scanner the app allows people scan and organize them physically or digital receipts in one central location and then can be accessed from any device with access to the Internet… In addition, the best receipt scanner apps allow the user to add notes about each deal and attach a photo. These details come in handy when you need to list business dinners, for example.
Some even offer additional features such as automatic categorization based on business enter or product category.
What Makes a Check Scan App Good?
When choosing receipt scanner…
First, make sure that it has enough memory for everything deal will fits into its memory size without deleting old records. Second, see how fast it is scanning the documents; if it takes too long process them, you end up spending more money than you need to. Thirdly, verify does it offer other useful features like inventory tracking, customer relationship management and expenses making report…
Why do I need to download the receipt scanner app?
If you’re like most people, you probably have stacks of paper. receipts what you need to track but not carry or file away. But what happens when you come home at night after a tiring business a trip or a long day at work? Are you just throwing the pile into a drawer somewhere?
You may already have an existing one file-based the file system that suits you. If so, great! But if not, then here are some reasons why it might be worth downloading receipt scanner application:
- It makes organizing your receipts much faster than manually searching through paper files or using pen and paper.
- You will never lose another receipt again because they will all in one place.
- Receipts can now be organized by date, salesperson, store name, and more, making it easy to find what you need, when you need it.
- A receipt scanner the app makes it easy to keep track of your travel expenses.
- They help reduce clutter at home and in the office.
- Besides, receipt scanner the app helps to prevent identity theft since there is no way to forge a legitimate receipt more.
So what are the best receipt scanning apps?
There are many different types receipt scanners the app is available today, but generally they can be divided into two categories:
- A receipt scanner an application that works directly with physical receipts
- A receipt scanner application that downloads scanned images for cloud storage services such as Google Drive
First type scanner works by taking a snapshot of each page when you’re done using it.
Benefits of this type of check scanning app
Requires no additional Hardware in addition to what you already have – your smartphone… You can use your Telephone in areas where there is no Wi-Fi or cellular service accessible. Also, your device will be able to keep all your files locally so they don’t get lost if something happens to your Telephone…
Disadvantages of this type of check scanning app
They don’t work when you need to take multiple photos right away because they’ll just overwrite each other. Because they save everything locally, you lose control over how much space these photos take up. If you want to remove them later, you will have to do it manually. In addition, these types scanners not very good at recognizing text… They can recognize numbers correctly, but everything else can be misread.
10 Best Receipt Scanner Apps
1. QuickBooks
If you are looking for something simple, easy to set up and is free, don’t look for anything other than Quickbooks Online. It offers basic features like invoicing, Inventory Management, and payroll. But if you want more advanced features like custom reporting, integration with other software suites, and multi-company management, you might need to upgrade to Quickbooks Pro.
2. To compensate
If you travel frequently, Expensify makes sense tool to manage your receipts… It works like many other expense trackers, allowing you to enter deal manually or automatically with data took off directly from credit cards…
The difference is that when you shop with your card, Expensify will get up-to-date information about each deal– for example, on which flight number they were made, how much they cost and even their status.
Expensify is one of our favorites Programs for scanning receipts because it makes it easy to manage them anywhere. Plus, you don’t have to worry about losing important the documents more since Expensify scanning each receipt to your database.
This means that you will not lose anything, even if you accidentally delete something on your Telephone… The only thing you need to do is open the app whenever you get a new one. document…
3. Bench
For businesses with fewer employees, there may be room for only one person to run their business. This is why we like to use Bench both as a personal finance manager and as a receipt scanner… It keeps pace with bills, make it easier to pay off debt, save up for retirement and pay taxes.
The app allows us to set goals, budget, pay regularly bills, manage your investments and even track how much we’ve spent on coffee since January 1st.
There is no need to invest in expensive software for businesses with fewer employees if you can get by without the hassle using is free online instruments… However, if you want something simple and easy to set up, Bench is worth a try. This allows users To download their own PDF files and images receipts, bills, invoices, etc., and provides basic making report features such as creating charts and graphs.
4. WellyBox
WellyBox app is a great way scan receipts from any business which takes credit cards or debit cards as payment. It’s also great tool if you are Self employed because it allows you to keep track of all your expenses in one place.
V is free version includes unlimited scanning but only stores them locally on your Telephone; however, the paid versions offer more storage space.
You can find the WellyBox app on iTunes and Google games for Android devices.
5. Wave receipts
Receipts for Wave another great option if you are looking for a simple yet powerful receipt scanning tool… This application allows users create your own unique templates based on your needs. Then you can use them to capture receipts from anywhere anytime.
Once captured, they will be sent directly to your mailboxwhere can you consideration them later. There are no limits when it comes to how much receipts you want to store.
6. Neat receipts
The application allows users To scan receipts send them directly to your Email address or save them as PDF files… You can also add notes to each receipt, making it easier to keep track of the details you should include in your expense reports.
This app works great if you want to get rid of the paper clutter and make sure everything is stacked properly. Plus, if you have multiple people using the same device, you can see who made which purchases and when.
7. Shoe
In a shoe box mobile statement allows users To scan receipts into their account in seconds. Then you can organize them by tags or categories and search all of your scanned the documents once. V is free version includes unlimited scanning per month, while the paid versions offer additional document editing and PDF conversion.
eight. Evernote for scanning
This receipt scanner the app works like magic! Just click photos your receipts by using built-in camera and download them to Evernote… Then you can access these files through web browser or through Email address… Your data will Always stay safe with the company’s encryption technology. A plusyou get up to 2 GB is free storage space per month.
If you do not want to spend money on statementwe recommend that you familiarize yourself with is free version… Besides keeping your receipts online, you can also sync them across multiple computers. All you have to do is subscribe to is free account and start saving receipts Today.
nine. Smart receipts
You can start using this tool immediately without any configuration. Just scan your receipts and save them to your computer via Dropbox. Later, download those files To statementwith server, Where are they will processed automatically. The results are then sent back to your device for you to view at your leisure.
This service works great to keep track of all your dealespecially when traveling abroad. However, for some this may seem too time-consuming, since it requires manual input. data…
ten. Verifi
100% machined – unlike many others receipt scanning ApplicationsVerifi does not rely on human intervention. Instead, it uses advanced algorithms to process each image in a matter of seconds. This way you won’t miss anything when placing your order.
Summarizing
In conclusion, many options are available for anyone looking to create a simple yet effective system for tracking expenses.
This post was originally published on Your Money Geek.