Expense Management

How to Organise Your Receipts Before Sending Them to Your Accountant

How to Organise Your Receipts Before Sending Them to Your Accountant

In short: Scan paper receipts as soon as possible (the ATO accepts digital copies), sort everything by expense category and then by date, and send your accountant category totals, a detailed transaction list, the organised receipt images, bank statements for every business account, and notes flagging mixed-use items, large purchases and unusual expenses. Organised records take your accountant less time, which means lower fees and fewer missed deductions.

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