Scan your business receipts effortlessly
Say goodbye to crumpled, worn paper receipts that spend a little too much time hiding in your glove box. We’ve built our latest receipt scanning app from the ground up to make it easier for you to track your business expenses. Now you can trade time spent manually entering receipt information into a spreadsheet for instant expense tracking when you snap a quick, easy picture of your business receipts.
Receipts by Wave is a free, fully integrated receipt scanning app that syncs seamlessly with our free accounting software and our financial services. The app is designed for busy freelancers and small business owners who use Wave’s free accounting software. The app digitizes the whole expense tracking process to you don’t need to manually enter your receipt information into your accounting records.
Scan your receipts from anywhere using your iOS or Android device and your expenses will automatically show up in your Wave account the next time you’re connected to the internet. The app uses state-of-the-art optical character recognition (OCR) technology to capture information from your paper receipt and digitally record it in your Wave account.
Capture your expenses in three easy steps:
1. Snap a picture of your receipt: Snap a picture of your receipt with your smartphone, and the latest OCR technology digitizes the information.
2. The app reads and digitizes your receipt: Review the receipt information before approving it. You can even review the information when your device is offline and the app saves the data so it’s available to edit whenever and wherever you need.
3. The receipt flows into your Wave account: Receipts by Wave connects seamlessly with our free accounting and financial services software so you can track all of your expenses in your Wave account with the rest of your accounting.
The information and tips we’re sharing in this article are meant to be a starting point for your year-end tax prep, so you can be informed and feel confident when working with your accountant. Be sure to check with a tax expert in your country or region for any specific advice you need, as each business (and tax district) is different. As our lawyers would say: “This article is for informational purposes only. It should not be considered legal or financial advice.”