Did you know QuickBooks has receipt capture.

Why every Accountant or Bookkeeper request receipts

Receipts are crucial for tax audits, showing what was bought to prove deductibility. Credit card statements alone don’t clarify purchases, like whether a Walmart buy was printer ink or an Xbox game.

Having receipts helps accountants quickly identify and categorize expenses, saving time for everyone.

For audits, receipts prove expenses in financials happened and are categorized correctly, which is vital.

Receipts ensure accurate categorization and recording in accounting systems. They’re vital in reducing fraud by verifying employee expenses align with company policies and confirming reimbursements.