Receipt organization
How do you keep track of receipts and invoices?
Receipts are the foundation of accurate bookkeeping.
A simple system that works
Many vendors:
- Photograph receipts immediately.
- Store them digitally by year and category.
- Match receipts to recorded expenses.
Why digital storage helps
Paper fades, tears, and gets lost. Digital storage:
- Preserves records long-term.
- Makes year-end review easier.
- Reduces stress during tax prep.