Keeping Track Of Your Receipts

From Not Made of Money

I’ve blogged on numerous occasions how we religiously keep our receipts. They are the foundation of the financial reporting system for our family finances because we use them to track, identify, classify and graph our itemized expenses. We’ve done this for so long and trained ourselves to save every single receipt from every single purchase that we make.

I realize that while this works for us and for our situation, others might not be able to implement and carry through with such a monumental paperwork task. I recently came across an online system for tracking receipts, that would be especially beneficial to those who are running a business.

It is called www.Shoeboxed.com. Basically the way it works is that you send in receipts and even business cards using pre-paid envelopes, email, or your mobile phone. The company will scan, data enter, and organize your receipts for you. Read the entire article.

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