Also on the same recipet. Im a painter and we have to buy clothes at times when we are on the road or cause the shirts or shoes or pants got messed up bad yes shoes some products if it gets on clothes will get so hard and sometimes we cant ecen walk in the shoes or a accident happen and got a major spill and goes over the shoes . And some gas stations sell all that stuff . Like corner store gas stations . Will everything go into its own slot? I separated with my girl and her daughter use to do all my reciepts and add everything up for me at the end if the year . Well now im stuck amd i also buy and resale stuff but i dont have a cash register for a reciept but i always write what i have sold for the day amd also have a book for all the stuff i buy to sell. Can them type a reciepts work also for this ? Or is that something i have to sit down and type in .
I am a brand-new, one-month-old LLC. I don't do QuickBooks I don't do spreadsheets. This is simple and quick. I'm signing up for it! Thank you for telling us about it.
YeeHaw! That's me every year! I have a folder for each month. EVERY receipt for that month goes into the folder. I take each folder month by month...spread the receipts on the floor and separate them into the categories, food, gas, tolls, hotels, etc... Then I add each category and put them into a notebook. I take those numbers to the accountant! We're looking into buying a portable receipt scanner!
Thank you I’m just my business and been looking for a great app to save my receipts in this way perfect video thank you sir and most success to your business
So I have a question wave has a receipt function does the same thing for 8usd per month receipt bank now called dext is 24usd per month that’s crazy expensive or is there another pricing tier for receipts only
Thanks Mike, i just searched for a way to scan my receipts cause i do what you do every year tax time, go thru these receipts that you can even read, Thanks much for the info.
Hi Mike, I have a custom cake shop. The majority of my receipts will have items that would fall into different categories (i.e. grocery, office supplies, tools) all in one receipt. Would this program allow me to break down each item on that receipt into its separate category? Thank you for all your informative information.
These are called Line Items. Were you able to find a software that does that? I am considering building something like this specially for restaurants that also helps track/estimate inventory based on sales. Would this be something useful for you?
Old style and added technology, either ways, its a need, the instincts and innates that makes everything smooth and orderly. Be it thousands, millions of years. Preserved.
This looks simple. I have a question about the receipts. What if you buy from the same store will it separate if I bought food and equipment with cash and then food with debit and so on will it do it that way. Sorry for lengthy explanation going into question.
Great info. It appears that Receipt Bank was bought out by a different company and total changed its biz model. Do you have another recommendation for receipt storage?
I'm also looking at options. LMK if you've discovered other options! I worry about companies getting bought out or going out of business after I've put all my records there!!!???
Hi great video, this is what I'm after but need a free version as I am only self employed so don't have bags and bags of receipts could you recomend something that will work in the uk thanks.
Thanks for the great video! Two questions: First, does Business Receipts integrate with accounting software? And 2nd, can/do you use this for your personal stuff as well?
QUESTION!! I was watching closely, when you take a picture of a receipt, does it differentiate between the tax (hst Ontario Canada) and the net amount? Audits are often a pain in the a$$ for details like this
A lot of my receipts are in Japan I wonder if it can process receipts in Japanese. Also in Japan they still want paper receipts and kept for seven years
What version do I choose when I purchase...if I'm just a small business looking to scan receipts..get everything added up correctly and just print it out
Think you !hope that I will beable to keep your app. My someone can so best way to save infromation pages. Because the one I subscribe to some time dispare whe I go back for them. Iam a person who they there best with very that I get in to my hands to live of. Need bogey income then what I get to come out of the problem I have.
How do this handle receipts that fit into more than one category like a receipt from Walmart that has several categories, clothing, food, auto maintenance, etc!?
Question, if I throw away the original receipt and log it into the receipt bank, will I have any trouble returning that item? Can a store scan the bar code through my phone, or look it up some other way. I don’t have a business, but I would like to implement this kind of program
Do those receipt pictures get stored in your phone memory (or card) or are they automatically deleted? Even with regular pictures that I supposedly deleted I keep seeing them again.
what about receipts like grocery or receipt with multiple items, can it extract all those different datas on the receipt? if not, then there is nothing special of this app
Problem- walmart receipt. Some non deductible food, some deductible office supplies, some oil for person car, some oil for business car. What then? Even if business only is seperated, will be some office supplies and some repairs and maintenance
![14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]](http://i.ytimg.com/vi/5YggWhLeckM/mqdefault.jpg)
![14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]](/img/tr.png)
Let me know what you think and if this helped IMPACT your business.
Also on the same recipet. Im a painter and we have to buy clothes at times when we are on the road or cause the shirts or shoes or pants got messed up bad yes shoes some products if it gets on clothes will get so hard and sometimes we cant ecen walk in the shoes or a accident happen and got a major spill and goes over the shoes . And some gas stations sell all that stuff . Like corner store gas stations . Will everything go into its own slot? I separated with my girl and her daughter use to do all my reciepts and add everything up for me at the end if the year . Well now im stuck amd i also buy and resale stuff but i dont have a cash register for a reciept but i always write what i have sold for the day amd also have a book for all the stuff i buy to sell. Can them type a reciepts work also for this ? Or is that something i have to sit down and type in .
What happens if you have a reciept that could have clothes or gas or say groceries amd say oil
I am a brand-new, one-month-old LLC. I don't do QuickBooks I don't do spreadsheets. This is simple and quick. I'm signing up for it! Thank you for telling us about it.
im sure youre a hero to alot of folks out here and its not a even affiliate marketing, Legend
This is exactly what I needed! Your intro was like watching myself in a mirror. Thanks. I’m gonna try this app!
You’re welcome 😊
YeeHaw! That's me every year! I have a folder for each month. EVERY receipt for that month goes into the folder. I take each folder month by month...spread the receipts on the floor and separate them into the categories, food, gas, tolls, hotels, etc... Then I add each category and put them into a notebook. I take those numbers to the accountant! We're looking into buying a portable receipt scanner!
Lol I do the exact same 😅
OMG, I've been looking for hours for the best way to do this. This was the perfect presentation and the perfect product for me. Thanks so much.
Thank you I’m just my business and been looking for a great app to save my receipts in this way perfect video thank you sir and most success to your business
Glad to help
Great video Mike! This is exactly what I was looking for. Thank you so much for sharing this video. I am SO signing up for this.
I NEED this! My worst dreaded yearly and timely chore is receipts! Going to go look at it right now. Thank you!
Mike that is awsome simplifying information!!! What do you do for miles my friend?
This is exactly what I was looking for! Thanks for sharing!
You're welcome!
The recites always kill me! Thank you for this video!
You're welcome.
So I have a question wave has a receipt function does the same thing for 8usd per month receipt bank now called dext is 24usd per month that’s crazy expensive or is there another pricing tier for receipts only
Awesome video! Super informative and full of value. As a small biz owner starting out, this is brilliant. Thank you!!
Glad you enjoyed it!
E receipts stored online before they fade? And same with e-waste bins for home use? Not jusr public use? Usb slip slot hub?
Thanks Mike, i just searched for a way to scan my receipts cause i do what you do every year tax time, go thru these receipts that you can even read, Thanks much for the info.
Glad to help. Thanks for watching!
Hi Mike, I have a custom cake shop. The majority of my receipts will have items that would fall into different categories (i.e. grocery, office supplies, tools) all in one receipt. Would this program allow me to break down each item on that receipt into its separate category? Thank you for all your informative information.
Sorry Moreen, I'm not sure.
Did u figure this out. Immune is the same
Trying to find similar software myself. Any luck
These are called Line Items. Were you able to find a software that does that? I am considering building something like this specially for restaurants that also helps track/estimate inventory based on sales. Would this be something useful for you?
It’s over $300 a month how is that cheap
Duuuuuuuuuuuuude!! Thanks for sharing this! Can’t wait to give it a go!
Great I needed this cos I’m still doing it the old school style, I’m bit slow than others lol.
Hope it helps.
Old style and added technology, either ways, its a need, the instincts and innates that makes everything smooth and orderly. Be it thousands, millions of years. Preserved.
@@MikeMancini helpful, synchronized.
This looks simple. I have a question about the receipts. What if you buy from the same store will it separate if I bought food and equipment with cash and then food with debit and so on will it do it that way. Sorry for lengthy explanation going into question.
Not that I know of... it may... but I haven't tried to do that.
Thank you very much for replying!
This is exactly what I need! I've been looking at accounting software which I don't need right now
Glad it helped.
Thank you thank you thank you . Just want i was looking for !!!!!
Glad it helped.
Thank You for sharing this! Ive been looking for something like this. its helped alot!
Glad it helped!
thank you this help alot for me.
Glad it helped!
Thank you!!!! I thoroughly enjoyed this video
Glad you enjoyed it! You're welcome.
Thank you! Definitely need this!
Glad it helped.
I'm thinking of using this to manage my rental property expenses. Can the categories be set up for different, say entities?
Yes... I believe so.
Thanks much appreciated info, too much time logging receipts
Glad it helped
Finallyyyyyyyyyyyy. Thank you!
Very helpful. Thank you so much.
Thanks for watching.
Hi, good video. Which level of account subscription are you using? Are these features available in the basic Business package?
I'm not sure which level it is. I just know I pay $12/month. Hope it helps.
Absolutly massive video. Thanks you!
You're welcome. Thanks for watching.
Great info. It appears that Receipt Bank was bought out by a different company and total changed its biz model. Do you have another recommendation for receipt storage?
I'm also looking at options. LMK if you've discovered other options! I worry about companies getting bought out or going out of business after I've put all my records there!!!???
I can't find Receipt Bank in the App store
When taking a photo of the receipt does it also fill in the tax amount?
Hi great video, this is what I'm after but need a free version as I am only self employed so don't have bags and bags of receipts could you recomend something that will work in the uk thanks.
Did you find anything?
no not yet@@e.a6851
Thanks for the great video! Two questions: First, does Business Receipts integrate with accounting software? And 2nd, can/do you use this for your personal stuff as well?
Yes and yes. You can do both. Thanks for watching!
Thanks for this ...long over due for me to organize My receipts and save time stay blessed
Hi mike! Do you still use this? Or do you recommend something different now being in 2022?
Aimee, I'm now using Wave Accounting. It's a more robust platform that does a lot more than just receipts.
@@MikeMancini ok great! thank you for your reply, i will take a look! :)
how do you get it into your accounting software?
QUESTION!! I was watching closely, when you take a picture of a receipt, does it differentiate between the tax (hst Ontario Canada) and the net amount? Audits are often a pain in the a$$ for details like this
Sorry... I' don't know the answer for that.
I am also interested in this question
Great video, can you advise how accurate this will be as one can not make mistakes with bookeeping
You still need to go in and double check it. I will occassionally see an error, but not very often.
That's fine but how would you do this for equipment maintenance
Hi Mike. How do I connect it with accounting software like Quickbooks or Zoho or other?
What is the app called so I can download it please?
how about too long receipts (like cvc receipts)?
Does is synchronize with Quickbooks to move info over to that platform? Not sure how it could read with each other.
I'm not sure. Sorry.
Extremely HELPFUL !
Thanks. Appreciate you watching.
Cool, but my receipts ( materials etc) go on different jobs. I would struggling at the end of the year to know which jobs they would relate too.
You can separate them into different categories (or jobs).
A lot of my receipts are in Japan I wonder if it can process receipts in Japanese. Also in Japan they still want paper receipts and kept for seven years
Not sure. Sorry.
Thanks for sharing. Can’t wait to compare this with/to wave.
Hope you enjoy it!
Great information.Thank you!
You're welcome.
Thank you
You're welcome
Does this reconcile receipts I scan with credit card statements? How do you handle matching these up? Thank you so much. Im looking for solutions!
Sorry... I'm not sure.
Can you do a video on how to do this in evernote?
I need to track receipts for a rental and for my business. Can this app manage 2 businesses at once?
As far as I know... yes.
Is this free app service or paid ?? If this software is paid, shall we claim as part of business maintenance ? Thanks!
It's a paid service. Yes, you can claim it as a business expense.
Great video, much more helpful than some of the others out there
Thanks for that.
What if your receipts have multiple categories within one receipt. How do you categorized such?
I'm not sure if this service can separate them. Sorry I can't help.
@1:25 watch
Doesn’t show up in Google
thanks this was super helpful!
Glad it was helpful!
Thank you. I'm already starting to drown in receipts. I knew my system wasn't going to work.
Glad I could help
Do you have to pay for a subscription to use this app?
Does anyone know how to translate store receipt language to the actual item purchased ? Some items are hard to understand .
Hello, I am currently looking for an app as this one.. I use a MacBook, along with the apple iPhone. Is this compatible? Thank you!
Thank you so much
You're welcome. Thanks for watching!
GAME. CHANGER. Thank you so much for this!!
We are interested in offline receipts (without an app). Is there anyone to create this for ourselves?
What version do I choose when I purchase...if I'm just a small business looking to scan receipts..get everything added up correctly and just print it out
Think you !hope that I will beable to keep your app. My someone can so best way to save infromation pages. Because the one I subscribe to some time dispare whe I go back for them. Iam a person who they there best with very that I get in to my hands to live of. Need bogey income then what I get to come out of the problem I have.
How do this handle receipts that fit into more than one category like a receipt from Walmart that has several categories, clothing, food, auto maintenance, etc!?
Can we select the categories a drop down menu or click a box or do we have to type and create the category ourselves.
There are some prepopulated and you can add categories yourself
Hello. My husband has a small business. Can him & employees use this app
Question, if I throw away the original receipt and log it into the receipt bank, will I have any trouble returning that item? Can a store scan the bar code through my phone, or look it up some other way. I don’t have a business, but I would like to implement this kind of program
Sorry... I don't know the answer to your question.
Great info thanks
I couldn’t find the app in the appstore :(
Do those receipt pictures get stored in your phone memory (or card) or are they automatically deleted? Even with regular pictures that I supposedly deleted I keep seeing them again.
It depends if the phone can position it'self to missionary style
Is there a way to have the receipts automatically imported/integrated into quickbooks?
Sorry... I'm not sure.
Yes. It's with their app Quickbooks self-employed but it costs like 7-10 dollars per month.
THANK YOU
thanks man
You're welcome.
Does Receipt bank take up space on your phone?
This is so helpful.
Thanks so much Kevin. Glad it helped you out.
Can you make separate folders for different businesses or rental properties?
Sorry... I'm not sure.
yes - create a new project for each business or property
For some odd reason I can’t find it in the App Store
Sorry... I'm not sure why.
You obviously recommend this over quick books? I don’t know the differences.
what about receipts like grocery or receipt with multiple items, can it extract all those different datas on the receipt? if not, then there is nothing special of this app
Thank you !!!!!
No problem. Glad it was a solution for you.
Very informative, thanks
What's the name of the app? Is it only for IPhone? Is it available for Android?
How much do you pay for this?
Great info! Will you please teach us how to make a spreadsheet for accountant. Thank you!
Sorry. I just have one that I built and use in my business. Thanks for watching.
wow so helpful!
Glad it was helpful!
awesome video brotha.
Appreciate it. Thanks for watching.
Problem- walmart receipt. Some non deductible food, some deductible office supplies, some oil for person car, some oil for business car. What then? Even if business only is seperated, will be some office supplies and some repairs and maintenance
can you white label their service?
I waited a year to do my org and many of the thermal paper receipts were entirely blank. Another reason to digitize them.
That's a great point.
how much is the service?
I'm not sure anymore as when I did the video, I believe it was about $12/month.
Nice guitar
You're deducting meals? Isn't that something you would do regardless of where you're at or what you're doing?
is this compatible with GUSTO?
Sorry... I don't know.