Keeping track of receipts and expenses when operating a small business can be a challenge for the average tradesperson or property investor.
When you are juggling supplies and ensuring you have everything for the next job, remembering where you put your receipt is the last thing on your mind.
In fact, many small business owners would rather visit a dentist, then sit at a desk to record their expenses and sort out all their receipts.
While it is essential that there be some kind of process, I have heard the statement from some that
“It’s all in the cloud, doesn’t technology just do all of it now for me?”
While I agree, technology and cloud accounting has made tax compliance easier, it doesn’t just happen “in the cloud.”
To ensure that your online accounting system in the cloud is automated, a qualified bookkeeper needs to set it all up for you, connect your bank feeds, create rules and then connect time saving addon’s to produce that automation.
It doesn’t just “happen” in the cloud!
If you want to eliminate receipts forever, how can cloud technology make life easier with all your expense receipts?
How does Xero and Receipt-bank communicate to ensure all your expenses are never lost again?
Here in this short video, I will share how My Office Books and X-Books use Xero and Receipt-Bank.
As you can see, technology really does make the problem of not finding receipts or loosing cash expenses a thing of the past.
If you would like to know more about how to get this time saving process set up for your trades business or your property portfolio, call Amanda on 0423 463 721 or message her in the contact box above right!
Let lost receipts be a thing of the past!
Fill out the form via our link CLICK HERE and we will contact you to make data entry a thing of the past!
BAS Agent and Bookkeeping