I am doing the bookkeeping for an information technology business and i don't even know the best way to document purchases made on the internet. Should I make a paper copy of emailed receipts? Would you just save the emails? Or save the document in a special "receipts" folder on the computer? What has worked well for you clever people out there?
Thanks for your question regarding receipts.
I have always printed a copy of my emailed or online receipts for the files. However, with everything these days going more green, I think it makes perfect sense to save the document in a special "receipts" folder on the computer. Just make sure to stay up to date on your backups! :)
Hello, how should I split items on a single receipt into different categories? If I go to a store and I buy printer paper (Office Supplies) and a CD (Music)? Do I need to do separate transactions? Thank you
I am trying to do the books for my husbands solo law firm and was wondering if I am suppose to have all receipts for every start up expense that we have incurred in the last 3 mos. We have many of them but not all.