Bookkeeping Basics

Guide

Track expenses without losing receipts

Build a habit that captures every business expense the moment it happens, not weeks later.

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  1. Photograph receipts immediately

    Most bookkeeping and banking apps let you snap a photo and attach it to the transaction on the spot. Do it before the receipt goes in a pocket or a bin.

  2. Use one inbox for digital receipts

    Forward email receipts to a dedicated folder or address rather than letting them scatter across your personal inbox.

  3. Note what the expense was actually for

    A receipt alone doesn't explain context. A one-line note, 'client lunch, ABC Corp', saves confusion months later and is often required to justify a deduction.

  4. Do a weekly sweep

    Once a week, go through any paper receipts or missed photos and get them into the system. Anything more than a week old tends to get lost for good.

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