Paper Copy of Receipts Bookkeeping Question

by Sandy
(Montana)

Receipts

Receipts

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?


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Jun 11, 2018
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Bookkeeping Receipts
by: Stephanie

Hi Sandy,

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! :)

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Receipt

by YAN
(Reseda)

What should I do after I lost the original receipt?

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Receipts and Categories

by Lee
(Dorr, MI, USA)

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

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Receipts Needed For All Expenses?

by Madeline
(Denver)

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.

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Oct 05, 2011
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Expense Documentation
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You are required to have some kind of backup to be able to prove that you paid for the expenses that you are claiming. The best kind of backup is to have a copy of the actual receipt. If you do not have some receipts it is also acceptable to use your bank statement or copies of checks as backup as well.

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Receipt When Getting Refund?

Our Charity received a call to say money was deposited into our account in error. We will refund, but do we write out a receipt for this amount, since it is not a donation/income?

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