If your box of receipts is shapeshifting into a pot of paper flowers, exuding a musty book smell, this article is for you. Use the most cost-effective and fast categorizing approach so that you can account for every receipt when it matters the most, and save some dough for real flowers.
Paul Attfield’s article points out the key to winning your bookkeeper’s heart
“It’s actually faster to sort that way as opposed to trying to find the date on each receipt,” said Homeroom’s Lady in Charge Teya Mali in the recent Globe and Mail article on the importance of record-keeping in business. Teya was not talking about the throw-and-forget approach illustrated in the above left photo.
Find the best way to categorize receipts, why you should keep a mileage logbook, and more handy tips, to run a healthy business in the full article, “In record-keeping, consistency is king,” by Paul Attfield.