![]() To do so, you need to input their amounts, dates, and categories. They can all add up to major tax deductions at the end of the year.Ģ.) Process Them Frequently: Whether you use a budgeting app, an excel spreadsheet, or pen and paper, you need to process your receipts. Don’t delete or throw away any receipts-no matter how small. To simplify your small business expense tracking, follow these three steps:ġ.) Keep Each Receipt: Whether it is a digital or paper receipt, keep it. So how do you track all of your business receipts? While this might seem easier to track, they can also get lost in other folders and email addresses. In this digital age, more and more businesses are opting for digital receipts, which are sent via email. Paper receipts aren’t the only ones that need to be tracked, however. ![]() With so many incoming receipts, it can be difficult to make sure that they are recorded. If your business makes multiple purchases a day, those receipts can quickly pile up.
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