Get Rid of the Shoe Box Forever
If the ATO asked you for a $65 receipt for petrol from 2 years ago could you find it and could you read it?
Records must be kept for up to 7 years and we know this can be a painful process for many clients. We regularly get asked about easy ways to record and store these documents and we are happy to say there are many simple cost effective solutions available.
While our answer is always guided by your specific circumstances, more and more clients are turning to the cloud to store their receipts. What happens to the paper receipt after filing then becomes largely unimportant.
Cloud based document storage may sound complicated but it can be as simple as popping your receipts into an envelope and posting them away. Of course, if you were more technically oriented you could scan them from the phone App and code them on the run. The choice is yours.
Receipt Bank is just one possible solution but most cloud systems can also integrate into your accounting system saving you time and money on bookkeeping too.
Complete Business Strategies strive to provide innovative solutions to minimise the time and cost of doing business. We know business is tough and with our range of innovative solutions we can help you achieve your goals quicker. If you want more information on this or other innovative solutions just pick up the phone and give Vicki in our office a call on 5439 1600. Or CLICK HERE to Make an Appointment with our Qualified Team to show you how easy it is to set up and use.