I think I've just solved one of my biggest problems ever. Business receipts and financial documentation. I'm constantly on the fly, never caught up and always worried about it. Recently tI've discovered two new business tools that I am starting to use. They are effective and priced right for my very small pottery business.
The first is Outright.com, their tagline is Free yourself from accounting. I signed up a couple months ago when it was a free service. They are now only giving 30 days free, but
they have managed to prove themselves to me. I'll be signing up for the $9.95/month service, because it is automatic and effective.Since most of my income is now through online transactions, Outright accesses and catalogs my merchant accounts (like Paypal) whenever I log in. Other transactions can be entered manually or imported as CSV files (like from Squareup.com). Which is how I'll be handling the next big problem..RECEIPTS!
The second tool is Shoeboxed.com. A service to take the piles of receipts you and I haven't sorted and scan and catalog them according to standard IRS deduction categories. You take the stack of receipts, put them into a prepaid envelope (like returning Netflix) and send it off. A few days later it is scanned and sorted. The information is then available for you to download and import into your accounting software, including my new Outright.com.
I signed up for the $50/month plan to get caught up, then will be downgrading to the $9.95 plan. All my accounting needs will be taken care of for $20/month.between these two online services.
I feel so much lighter already!
I encourage you to investigate them yourselves, and if you are interested in signing up let me know and I'll send you an invite, because I can get bonuses for referrals :)
