Tax season approaches, and this makes me realize that, as a small business owner, I really do need a better way to keep track of my receipts. Especially now that I am going to be running two small businesses from home (three if you count my work as a family caregiver). I need a much better way than to tuck the receipts into a pencil box to be sorted out.
I am not sure just what method I will be using, so am looking for any suggestions anyone might have on how to keep track of work receipts.
I’m not so much interested in advice on the entry into a spreadsheet type of tracking, although I welcome that as well. What I need help with is what to do with the actual physical receipt – particularly in this day and age when the paper that they are printed on fades over time until you can’t make out what is on older receipts.
How do you store your old business receipts?
