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How A Shoebox Makes It Easier For You

June 29, 2018 Comments Off on How A Shoebox Makes It Easier For You

Every small business owner knows that there simply isn’t enough time in any given day. We don’t always do what we are not suppose to in terms of keeping track of records and our tendency to ‘wing it’ has something to do in terms of administrative back up. When we’re out and about, spending money here or there on business purchases, we are often not as careful as we should be when it comes to keeping track of those receipts. Sometimes these receipts are printed on paper that easily fades away over time and yet we often just stuff all these pieces of paper randomly into a shoebox, in the corner of the office.

It is a particular chore that we don’t often pay attention to until the end of the month comes that we really have to because by that time, the shoebox becomes overstuffed and overflowing. It is difficult to read or maybe difficult to recall the paper works since some of it has somewhat faded by now. If you don’t know what that receipt is telling you, how can you make use of it and create an important entry into your annual accounts for tax purposes?

I think the perfect company name for this operation is “Enter Shoebox”. It immediately sums up what they’re trying to achieve, which is to make sure that you don’t have one of those old shoe boxes in the corner of your office anymore. Now, it’s quite easy to keep track of all these receipts and not only financial documents, but also important new business cards that you may pick up.

The idea is relatively simple. All you have to do is to send all these pieces of paper to the organization wherein they will carefully scan it, enter the data and such is being organized meticulously for you. Most people may choose the scan and automatically send to your designated e-mail “inbox” option, but you also have the option of mailing in using prepaid envelopes supplied to you as part of your membership.

Having as many as 50 individual receipts or business cards scanned in on a monthly basis for the lowest entry price point is also an option for the small business owners. Shoeboxed promises an average turnaround of between three and five business days after they are received, before the information is available to you through their portal. There will be no limitations to the number of records you can process for those who are self-scanning. There is also a larger plan available to those Business owners who acquires quite a considerable number of receipts to handle on a monthly plan, wherein they can have a dedicated account manager who is willing to help you in case of problems and a quarterly back up CD will also be provided to you.

Once the receipts are in the system, you will be provided by the software with summaries through PDF or Excel as it also integrates solutions such as Quickbooks, Freshbooks or Quicken. Thus, You can easily sync your receipts without having to try and figure out what a particular piece of paper is supposed to be telling you by the end of the month.

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