Expenses- Receipt & Invoice Intake

Keeping track of expenses is important for maintaining records for the business. Recording Expenses is important for BAS and EOFY purposes. It must be done accurately and evidence of expenses must be recorded and linked with our book keeping system.

Here is G-drive folder to put receipts/invoices

How to keep record of expenses.

Physical receipts

• 1. Scan receipt to computer

  2. Add to Google drive: Admin>invoicing systems>work receipts>[financial year]

  3. Name should read: [Date] [Expense item eg. printing supplies]

  4. Weekly we add these to our book keeping system

Email/Online receipts/invoices

• 1. Download receipt to computer

  2. Add to Google drive: Admin>invoicing systems>work receipts>[financial year]

  3. Name should read: [Date] [Expense item eg. printing supplies]

  4. Weekly we add these to our book keeping system