11 Best Receipt Apps For Businesses

best apps to keep track of receipts

When selecting a receipt tracker and scanner for your small business, it’s always helpful to seek recommendations from trusted sources or consult with experts in the field. Reach out to other small business owners within your network or join online communities where professionals share their experiences and insights. This can provide valuable guidance in making an informed decision. Now that we’ve discussed some of the best receipt tracker and scanner apps for small businesses, it’s time to evaluate your specific business needs. By considering these factors, you can make an informed decision on which app is the right fit for your specific business requirements and budget constraints.

best apps to keep track of receipts

The app also syncs with Dropbox, OneDrive, Google Drive,
Evernote, and other cloud services so you can access your receipts from anywhere. The nice thing about this is that it doesn’t matter if you
lose your phone, you’ll always have access to your important travel records via
the web. Tomoko Matsuoka is managing editor for Shoeboxed, MailMate, and other online resource libraries. She covers small business tips, organization hacks, and productivity tools and software. Once your receipts are uploaded, you can establish classification rules to gain a better understanding of your financial standing. Converting your printed receipts and documents into digital files can solve these problems.

Best for Emailed Receipts

You download them onto your cell phone and use them to scan receipts. OCR (Optical Character Recognition) technology digitalizes the receipt data and stores digital versions in a filing system. Wave is an excellent choice for small businesses seeking a free, efficient, and user-friendly receipt scanner app. With its advanced OCR technology, Wave allows you to capture receipts using your smartphone camera effortlessly. This means you can say goodbye to the hassle of manually entering receipt information into your accounting software.

Knowing the right amount to send to the IRS every year will help you avoid tax underpayment penalties. See why Womply is the #1 marketing and CRM solution used by 500,000+ businesses. Lastly, we added in our own first-hand experience and expertise with these apps. This enables us to add qualitative metrics, such as ease of use, overall experience, quality of support, value for price and popularity.

best free apps to track your business receipts (review of features, pros, and cons)

The Foreceipts app is the ideal receipt management solution, with over 500,000 company owners, self-employed workers, agencies, and freelancers globally using it. Dext prepares and gathers your documentation with 99% precision, then processes it immediately into your accounting software. It allows you to invest more time in activities that produce value.

best apps to keep track of receipts

The data is oftentimes not automatically backed up, which can lead to the loss of important receipts. Check out our full list of alternatives to Quickbooks Self-Employed. Overall, the app can help you best apps to keep track of receipts simplify expense reports and easily help you get reimbursements for expenses. Independent contractors have to pay their taxes every quarter because the U.S. operates on a 'pay-as-you-go system'.

The Best Receipt Scanners Automate Everything

This integration ensures that your expense tracking is accurate and streamlined. Wave automatically transfers the important information from your receipts, such as the date, amount of money, and even the items purchased, into neat little categories. This eliminates the need for manual data entry and saves you valuable time. Gone are the days of rummaging through stacks of paper receipts or searching cluttered email inboxes to find a specific receipt. You can conveniently organize your receipts electronically by using receipt scanners and trackers.

To determine the best receipt scanner apps for small businesses, Forbes Advisor researched providers in the space and narrowed it down to the 11 top providers. We analyzed these across five primary categories for a total of 24 different metrics. The criteria were then weighted to favor features that matter most to small businesses. The best apps had the best overall scores based on our methodology. The cost of receipt scanner apps can vary widely depending on the features and capabilities of the app, as well as the pricing model and subscription options offered. Some receipt scanner apps are free to use, with optional paid upgrades or premium features while others charge a subscription fee for access to all features.

Neat: Best receipt scanner app for bookkeeping

If you’re a small business owner looking for the best receipt trackers and scanners, then QuickBooks Online is your solution. It’s considered one of the most comprehensive accounting software options, offering a wide range of features to help manage your business finances effectively. That’s why it offers seamless integration with popular travel management tools such as TripIt and Uber. Connecting these apps to Expensify allows you to automatically import travel itineraries and ride receipts into your expense reports without any hassle. It’s an excellent option to capture receipts and submit expenses.

best apps to keep track of receipts

These expense-tracking apps allow you to easily scan and categorize expenses by creating custom tags or folders, making it a breeze to locate specific receipts when needed. You can also add notes or labels to provide context for each expense. Wave’s mobile receipts feature lets you instantly input expenses into Wave.

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