We've also highlighted the best tax software. So read on to see our list of the best expense tracker apps and software to help manage your expenses. Software that allows businesses to keep a proper record of expenses isn't just more efficient, it's also more profitable. This becomes an essential concern the more employees a business has, as lost receipts are literally money thrown away. Some of these are cloud-based, and allow you to use an app on your smartphone or other mobile device to not only enter the amount but also scan the receipt to create a digital image. This makes it much easier to keep a copy and file it away in case it's needed by your accountant or even someone from your tax office, plus in just using your phone you can do this on the move.Īdditionally, the ease by which document scanning can now be done by an app means that you can keep on top of deductible expenses, helping ensure you bank the profit due to you and pay less on taxes.
