Receipt Bank allows you to quickly and easily process receipts.

For individuals who have to prepare employment expenses, or have small business statements, the app which can be loaded on your phone makes it easy to snap pictures of all those pesky receipts immediately when you get them, as opposed to handling them come tax time.

If you have a significant number of receipts related to your business, you can scan and then upload the receipts for processing, or even engage me to do this for you. For even more complex situations, it may be necessary to set you up with multiple business in Receipt Bank. Each person is unique.

Please note that Receipt Bank can’t handle:

• Multiple business within the same account (including rental and business), and
• Tax records.

Please ask me about the benefits and costs.

Client Comments

During the past week, I and a select group of clients have been using Receipt Bank. I asked for comments. Here is what they said:

Great tool for tracking daily expenses to ensure you don’t miss any deductions by misplacing receipts

Nicholas, Small Business Person

Nicholas was initially hesitant about using Receipt Bank, but tried it. After 50 receipts for last year, he wanted to also start working on the current year. He figures that using this software will save him hours. Nicholas started using this without any training.

The CRA opens for filing information returns on Monday, 7th January, 2019. These include T3, T4, T5 and NR-4 returns. Affected individuals include those with Trusts, Estates, Employees, pay interest or dividends, or who are a non-resident Landlord.

I have been contacting affected clients by email and by phone to get their information in. Please feel free to call me if you have not received any message yet.

These returns are due in the next month.

Here are some statistics for 2018, showing how hard I work for my clients. (Most people will not be interested, but I thought it was interesting.)

In 2018, I:

• Received 986 Phone Calls for a total of 45.7 hours,
• Placed 2,054 Phone Calls for a total of 135.6 hours,
• Received 921 Text Messages,
• Sent 799 Text Messages,
• Sent or received a total of 7,234 emails,
• Received or sent a total of 1,443 file transfers (more than one file can be in a transfer,)
• Received or send a total of 61 faxes,
• Received a total of 25 inquiries from this website, and
• Sent 20 envelopes by Registered Mail.

Now that email bankruptcy has reset the inbox, what to do?

I am moving emails into a CSM (that means Client Service Manager) where threads will be kept there for business related conversations.

If a client message comes in the regular email, the goal is to move it into the CSM, then file the email in the email inbox immediately.

How long will this last? Don’t know. I still have emails from the late ’90s on a disk somewhere. I don’t like to throw emails away.