Shoeboxed Lite costs $15 and offers 50 document scans per month for a single user. As an alternative, Shoeboxed will send you a “magic envelope.” Fill the envelope with your receipts, business cards, and other documents, then send it back. Shoeboxed will automatically transform those documents into digital data for you. Expensify touts itself as an easy to use expense reporting app for businesses. If you want to try one of these receipt scanning apps, here are the ones that we think are best for the job.

• Wave makes money from its other services, such as card processing and payroll processing.
• In this criterion, we gave more weight to OCR and methods of receipt scanning.
• Many image source apps include a mobile app allowing you to scan documents from your smartphone or other mobile device.
• Unlike its older sibling, QuickBooks Self-Employed caters to freelancers, and I gave it a whirl before deciding Keeper was the app for me.
• Most of the receipt scanner apps above require a subscription of some sort to use.

Standout Features

Zoho Expense is a powerful expense tracker with receipt scanning capabilities that grows alongside your company. Its pay-per-user pricing model allows you to easily scale by adding users, enabling them to submit expenses and scan receipts seamlessly. Each user gets their own account, letting them scan receipts via the mobile Accounting For Architects app, attach receipts to expense reports, and request reimbursements effortlessly. With unlimited receipt tracking and expense management—all with a free plan—Expensify is a great business expense tracker app for most businesses. It offers one-click receipt scanning as well as credit card transaction imports. If you want, you can also sign up for the Expensify Card to get a 50% discount on your subscription and keep all of your expenses in one place.

$1.3+ Billion Matched to US Businesses

Neat Receipts used to be the biggest player in the app/printer combo game, but Neat eliminated its hardware in 2018 and went app-only. Fujitso is the best Neat scanner software alternative Receipt Tracking Apps we’ve found so far. If you need a simple tool to get rid of all the paper receipts once and for all, this app might be the one.

What we liked about Smart Receipts app

He has a CPA license in the Philippines and a BS in Accountancy graduate at Silliman University. Because Wave offers a free version for accounting and invoicing, it’s excellent for small companies with tight budgets or home-based businesses, like those selling homemade goods. Its use of OCR technology to read receipts and suggest proper accounting and categorization makes it a handy tool for basic needs. Kristy Snyder is a freelance writer and editor with 12 years of experience, currently contributing to the Forbes Advisor Small Business vertical.

Once expenses are approved, Expensify will income summary automatically reimburse the spender. You can go back and look at old receipts to see your expenses manually, or rely on the dashboards and alerts that the app provides. One common method that these apps use is to allow you to upload photos of your receipts. When used with Assistant, you can use the command Show me my receipts to generate a list of your latest receipts. At Keeper, we’re on a mission to help people overcome the complexity of taxes. We’ve provided this information for educational purposes, and it does not constitute tax, legal, or accounting advice.

But for most business owners (specifically freelancers and self-employed solopreneurs), smartphones are a smaller, simpler, less expensive alternative to pricier printers and scanners. For the purposes of this piece, we’re focusing mainly on receipt-scanning apps, not printers. But if you’d like a few portable scanner recommendations, jump to our FAQ section below. Yeah, it’s that simple, and it also works with pretty old and crumpled receipts. You’ll get to easily generate weekly expense reports and save them in several file formats.

Expensify

That said, it’s still a solid option for freelancers who don’t deal with a high volume of receipts, as it’s budget-friendly. Explore the role of FASB in financial reporting, including its mission, standards, and collaboration for consistency in accounting practices. Is money management and accounting for your small business not really your thing?

• ABUKAI Expenses offers receipt tracking aimed at businesses, with prices starting at $99 per user per year, plus a one-time setup fee of $49.
• Its pay-per-user pricing model allows you to easily scale by adding users, enabling them to submit expenses and scan receipts seamlessly.
• A major convenience is that Google Assistant and Photos are already pre-installed on many Android devices.
• But when you’re just starting out, it might not be feasible to spend money on a document scanner app just yet.
• More to that, the app automatically categorizes your receipts according to tax categories.
• Foreceipt integrates with Google Drive to help you save and store your receipts.

They have established business spending categories for the United States and Canada, so your year-end expense report will properly meet the tax-filing requirements. Here’s a brief rundown of the critical things to consider when choosing a receipt management app. Adobe Scan is best suited for users who are integrated with the Adobe ecosystem and have access to Adobe Document Cloud for easy management and storage.

While many receipt scanner apps are available in the market, the best one for you depends entirely on your requirements, use case and budget. Zoho, Expensify, Adobe Scan, Ibotta, and Wave apps are popular receipt scanners. Receipt scanning apps are generally safe as receipts don’t usually contain sensitive financial data. These apps typically use strong encryption and secure servers to protect data. Read the privacy policy of a receipt scanner app to understand its regulatory compliance standard.