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Survive Tax Season With Shoeboxed
Posted By TJ McCue On March 31, 2014 @ 1:00 pm In Product Reviews | 2 Comments
Tax season strikes certain weariness into small business owners. Some say its fear, but I think it is more likely that we dread the time sink of preparing our own taxes or working with a CPA or accountant.
Enter Shoeboxed  – a receipt capture and tracking service that lets you improve how you approach expenses and how you organize receipts.
Shoeboxed is one of the market leaders in receipt and expense management for small business owners. The concept is you can snap a simple photo with your camera or smartphone and instantly upload the receipt to the web-based service. The goal is to get that receipt out of your “shoebox.” As you upload each receipt, the service asks you how to categorize the item and creates an expense report on the fly.
There’s so much to like with this service. It really is a time-saver and a valuable service. How many receipts do you have piled up on a desktop or in a drawer or envelope? I save all of mine until tax season and then manually tally them up. Silly really, when this could save me so much time, effort, and a bit of anxiety getting all my stuff in order each year. Paid plans start at $9.95 per month.
A few minutes after uploading my first receipt screenshot, I received an email confirming that it would be processed within one business day. Your receipts will process more quickly on the paid plans, I’m sure, but you receive 50 free receipts on the forever free plan if you can deal with the slight time lag.
If you upload a bunch of receipts, you will only receive one email saying “submission received.” If the receipt is invalid, not readable, or otherwise unacceptable, the email states that they will notify you separately, otherwise, assume all is well.
I mentioned Shoeboxed in a popular article titled, “7 Essential Productivity Tips – and The Tools to Achieve Them .” If you have been struggling with keeping up with your bookkeeping, this is a service you will definitely want to test.
After many years of trying to keep up – I’m now going to start actively using the service for my own financial record keeping.
Article printed from Small Business Trends: http://smallbiztrends.com
URL to article: http://smallbiztrends.com/2014/03/survive-tax-season-shoeboxed-review.html
URLs in this post:
 Shoeboxed: http://shoeboxed.com
 7 Essential Productivity Tips – and The Tools to Achieve Them: http://smallbiztrends.com/2014/01/productivity-tips-tools.html