Tax time receipt help

Found a terrific program for those of you who have to keep tabs on deductible items for either home offices, consultants or perhaps for self-employed or non-reimbursable expenses and is an excellent example of a singular process business concept. The product is called Shoeboxed and information for the program can be found here.

Generally the product allows users to receive a postage paid envelope with which to insert receipts and then forward on to the company.  The service then scans the receipts and lists some basic information.  The user has control over tagging the receipts and categories as well as basic reporting.  Others, such as your CPA can have access to the files to view for tax information or you can download basic reports in Excel to print out for tax time.  Audit in this case also becomes a breeze.  Mobile users can also access via iPhone app or other mobile phone app.  Business accounts run $49.95 per month and personal accounts $9.95 to $19.95.  A free self scanning option is available with free trials as well.

Program video shows a nice clean interface with easy and logical user experience.