Using Expensify To Log Business Expenses For Taxes




The Token Metrics Podcast show

Summary: If your business requires you to travel a lot, it can be challenging to keep track of all your expenses. Not to mention, it can be a tiring and time-consuming process. Fortunately, in today’s highly connected world, there are numerous mobile apps you can use to log and keep track of all of your expenses. Expensify is one of my favorite ones. You can take care of virtually any business expense, mileage or billable time with this app. All you have to do is import your credit and debit cards, and any transactions on them will be logged and categorized automatically. You can also scan and input receipts, organize them, and create an expense report. Whether it’s traveling for business, donating to charity or incurring any business-related expense, just snap a picture of the receipt and add it to your tax deductible report. Then, when it’s time to file your taxes, all you have to do is pull your expenses by categories, and you’re ready to send your report to the IRS. It’s just as simple as that! Website: ianbalina.com Instagram: www.instagram.com/diaryofamademan/ Twitter: twitter.com/diaryofamademan Snapchat: www.snapchat.com/add/diaryofamademan Facebook: www.facebook.com/diaryofamademan/