Business Receipts App | 5 Minute Receipt Hack for Small Businesses
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4 жыл бұрын👉 "Service Marketing Simplified - mikemancini.net/3TZvb1c
My Favorite Business Receipts App!
When it comes to organizing receipts, it's a sore spot for me. So here's a quick business hack that I found for organizing business receipts. It's a business receipt app called Receipt Bank.
Best of all, it's easy, quick and a really cheap way to help simplify your business.
Here's the link (we DON'T get a commission if you sign up...we just love the product): www.receipt-bank.com
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#MikeMancini #Entrepreneur #SimplifyYourBusiness
@MikeMancini 4 жыл бұрын
Let me know what you think and if this helped IMPACT your business.
@MeMe-wp6iu 3 жыл бұрын
Also on the same recipet. Im a painter and we have to buy clothes at times when we are on the road or cause the shirts or shoes or pants got messed up bad yes shoes some products if it gets on clothes will get so hard and sometimes we cant ecen walk in the shoes or a accident happen and got a major spill and goes over the shoes . And some gas stations sell all that stuff . Like corner store gas stations . Will everything go into its own slot? I separated with my girl and her daughter use to do all my reciepts and add everything up for me at the end if the year . Well now im stuck amd i also buy and resale stuff but i dont have a cash register for a reciept but i always write what i have sold for the day amd also have a book for all the stuff i buy to sell. Can them type a reciepts work also for this ? Or is that something i have to sit down and type in .
@MeMe-wp6iu 3 жыл бұрын
What happens if you have a reciept that could have clothes or gas or say groceries amd say oil
@annwalker8907 Жыл бұрын
OMG, I've been looking for hours for the best way to do this. This was the perfect presentation and the perfect product for me. Thanks so much.
@consumerdebtchitchat 11 ай бұрын
I am a brand-new, one-month-old LLC. I don't do QuickBooks I don't do spreadsheets. This is simple and quick. I'm signing up for it! Thank you for telling us about it.
@melissapriddy3739 Жыл бұрын
I NEED this! My worst dreaded yearly and timely chore is receipts! Going to go look at it right now. Thank you!
@sylviepamphile 2 жыл бұрын
Awesome video! Super informative and full of value. As a small biz owner starting out, this is brilliant. Thank you!!
@MikeMancini 2 жыл бұрын
Glad you enjoyed it!
@chrisRandall112 3 жыл бұрын
This is exactly what I was looking for! Thanks for sharing!
@MikeMancini 3 жыл бұрын
You're welcome!
@arriyanpeagler9986 8 ай бұрын
Great video Mike! This is exactly what I was looking for. Thank you so much for sharing this video. I am SO signing up for this.
@tonymyers1798 6 ай бұрын
This is exactly what I needed! Your intro was like watching myself in a mirror. Thanks. I’m gonna try this app!
@MikeMancini 5 ай бұрын
You’re welcome 😊
@DelilahRa 3 жыл бұрын
Thank you for this! Very helpful info. Just what I was looking for.
@MikeMancini 3 жыл бұрын
Glad it helped.
@susanlovelace01 3 жыл бұрын
Thanks Mike, i just searched for a way to scan my receipts cause i do what you do every year tax time, go thru these receipts that you can even read, Thanks much for the info.
@MikeMancini 3 жыл бұрын
Glad to help. Thanks for watching!
@Bladeguy99 3 жыл бұрын
This is exactly what I need! I've been looking at accounting software which I don't need right now
@MikeMancini 3 жыл бұрын
Glad it helped.
@y.empowermyb8844 Жыл бұрын
Thank you I’m just my business and been looking for a great app to save my receipts in this way perfect video thank you sir and most success to your business
@MikeMancini Жыл бұрын
Glad to help
@tclodfelter8789 Жыл бұрын
YeeHaw! That's me every year! I have a folder for each month. EVERY receipt for that month goes into the folder. I take each folder month by month...spread the receipts on the floor and separate them into the categories, food, gas, tolls, hotels, etc... Then I add each category and put them into a notebook. I take those numbers to the accountant! We're looking into buying a portable receipt scanner!
@gabrielperez98 Жыл бұрын
Lol I do the exact same 😅
@buddybell1546 Жыл бұрын
Duuuuuuuuuuuuude!! Thanks for sharing this! Can’t wait to give it a go!
@jeremywilson5165 2 жыл бұрын
Thank You for sharing this! Ive been looking for something like this. its helped alot!
@MikeMancini 2 жыл бұрын
Glad it helped!
@stevenroro 3 жыл бұрын
Thank you! Definitely need this!
@MikeMancini 3 жыл бұрын
Glad it helped.
@karotgold09 3 жыл бұрын
Thank you!!!! I thoroughly enjoyed this video
@MikeMancini 3 жыл бұрын
Glad you enjoyed it! You're welcome.
@Moist_yet_Crispy 2 жыл бұрын
Absolutly massive video. Thanks you!
@MikeMancini 2 жыл бұрын
You're welcome. Thanks for watching.
@marcusmelvin6572 2 жыл бұрын
Great video, much more helpful than some of the others out there
@MikeMancini 2 жыл бұрын
Thanks for that.
@Youlovenianah 3 жыл бұрын
Extremely HELPFUL !
@MikeMancini 3 жыл бұрын
Thanks. Appreciate you watching.
@sonya5568 4 жыл бұрын
Thanks for sharing. Can’t wait to compare this with/to wave.
@MikeMancini 3 жыл бұрын
Hope you enjoy it!
@handy-remodeler Жыл бұрын
Thanks for this ...long over due for me to organize My receipts and save time stay blessed
@sofaking6423 2 жыл бұрын
Thank you thank you thank you . Just want i was looking for !!!!!
@MikeMancini 2 жыл бұрын
Glad it helped.
@rosannamelder5912 3 жыл бұрын
Great I needed this cos I’m still doing it the old school style, I’m bit slow than others lol.
@MikeMancini 3 жыл бұрын
Hope it helps.
@Rod-bp8ow 3 жыл бұрын
Old style and added technology, either ways, its a need, the instincts and innates that makes everything smooth and orderly. Be it thousands, millions of years. Preserved.
@Rod-bp8ow 3 жыл бұрын
@@MikeMancini helpful, synchronized.
@mattrussell3988 Жыл бұрын
Mike that is awsome simplifying information!!! What do you do for miles my friend?
@StraitD2 4 ай бұрын
Finallyyyyyyyyyyyy. Thank you!
@releasethebeastfitness9750 3 жыл бұрын
thanks this was super helpful!
@MikeMancini 3 жыл бұрын
Glad it was helpful!
@marisayanta4802 2 жыл бұрын
Great information.Thank you!
@MikeMancini 2 жыл бұрын
You're welcome.
@sunshine885 Жыл бұрын
Very helpful. Thank you so much.
@MikeMancini Жыл бұрын
Thanks for watching.
@kevlinville 4 жыл бұрын
This is so helpful.
@MikeMancini 4 жыл бұрын
Thanks so much Kevin. Glad it helped you out.
@tiffanyalm4580 Жыл бұрын
The recites always kill me! Thank you for this video!
@MikeMancini Жыл бұрын
You're welcome.
@juliantambwe8551 Жыл бұрын
Very informative, thanks
@icycuts6185 4 жыл бұрын
Thank you for sharing!
@MikeMancini 4 жыл бұрын
Thank you for watching!
@soilad1 3 жыл бұрын
When taking a photo of the receipt does it also fill in the tax amount?
@nguyen1314 2 жыл бұрын
thank you this help alot for me.
@MikeMancini 2 жыл бұрын
Glad it helped!
@scotthester2189 Жыл бұрын
Great info thanks
@Marinaemmarose 3 жыл бұрын
wow so helpful!
@MikeMancini 2 жыл бұрын
Glad it was helpful!
@africanwarlord.23 3 жыл бұрын
awesome video brotha.
@MikeMancini 3 жыл бұрын
Appreciate it. Thanks for watching.
@firsthelix6726 2 жыл бұрын
Thanks for the great video! Two questions: First, does Business Receipts integrate with accounting software? And 2nd, can/do you use this for your personal stuff as well?
@MikeMancini 2 жыл бұрын
Yes and yes. You can do both. Thanks for watching!
@msstaciak 2 жыл бұрын
Great video !
@MikeMancini 2 жыл бұрын
Glad you enjoyed it. Thanks for watching.
@avizliran Жыл бұрын
Hi Mike. How do I connect it with accounting software like Quickbooks or Zoho or other?
@GCEGZ 4 жыл бұрын
Hi, good video. Which level of account subscription are you using? Are these features available in the basic Business package?
@MikeMancini 3 жыл бұрын
I'm not sure which level it is. I just know I pay $12/month. Hope it helps.
@brandonhowarth2402 2 жыл бұрын
E receipts stored online before they fade? And same with e-waste bins for home use? Not jusr public use? Usb slip slot hub?
@moreenpinto5121 2 жыл бұрын
Hi Mike, I have a custom cake shop. The majority of my receipts will have items that would fall into different categories (i.e. grocery, office supplies, tools) all in one receipt. Would this program allow me to break down each item on that receipt into its separate category? Thank you for all your informative information.
@MikeMancini 2 жыл бұрын
Sorry Moreen, I'm not sure.
@sheenabryant5630 Жыл бұрын
Did u figure this out. Immune is the same
@lilbitofeverything5801 Жыл бұрын
Trying to find similar software myself. Any luck
@mwaikul Жыл бұрын
These are called Line Items. Were you able to find a software that does that? I am considering building something like this specially for restaurants that also helps track/estimate inventory based on sales. Would this be something useful for you?
@TheAmericanTaco Жыл бұрын
It’s over $300 a month how is that cheap
@PiinkJessE 2 жыл бұрын
Thank you !!!!!
@MikeMancini 2 жыл бұрын
No problem. Glad it was a solution for you.
@VANESSASVANLIFEJOURNEY 2 ай бұрын
Thank you
@MikeMancini Ай бұрын
You're welcome
@sharonfontaine7859 3 жыл бұрын
Thank you so much
@MikeMancini 3 жыл бұрын
You're welcome. Thanks for watching!
@chosenforhim9534 Жыл бұрын
What version do I choose when I purchase...if I'm just a small business looking to scan receipts..get everything added up correctly and just print it out
@KR-xn8xr 3 ай бұрын
So I have a question wave has a receipt function does the same thing for 8usd per month receipt bank now called dext is 24usd per month that’s crazy expensive or is there another pricing tier for receipts only
@AminAmin-hn1tk 3 жыл бұрын
Thank you!
@MikeMancini 3 жыл бұрын
No probelm.
@ttvfatmangames 3 жыл бұрын
Great video, can you advise how accurate this will be as one can not make mistakes with bookeeping
@MikeMancini 3 жыл бұрын
You still need to go in and double check it. I will occassionally see an error, but not very often.
@rabbitofthefuture3234 2 жыл бұрын
thanks man
@MikeMancini 2 жыл бұрын
You're welcome.
@Maccongroup 2 жыл бұрын
QUESTION!! I was watching closely, when you take a picture of a receipt, does it differentiate between the tax (hst Ontario Canada) and the net amount? Audits are often a pain in the a$$ for details like this
@MikeMancini 2 жыл бұрын
Sorry... I' don't know the answer for that.
@arlenebahall7639 9 ай бұрын
I am also interested in this question
@scotthester2189 7 ай бұрын
Thanks much appreciated info, too much time logging receipts
@MikeMancini 6 ай бұрын
Glad it helped
@VirtualChurchMedia Жыл бұрын
Great info. It appears that Receipt Bank was bought out by a different company and total changed its biz model. Do you have another recommendation for receipt storage?
@SherrisWorld Жыл бұрын
I'm also looking at options. LMK if you've discovered other options! I worry about companies getting bought out or going out of business after I've put all my records there!!!???
@anthiafisher2447 Жыл бұрын
I can't find Receipt Bank in the App store
@carlosthomas4139 3 жыл бұрын
This looks simple. I have a question about the receipts. What if you buy from the same store will it separate if I bought food and equipment with cash and then food with debit and so on will it do it that way. Sorry for lengthy explanation going into question.
@MikeMancini 3 жыл бұрын
Not that I know of... it may... but I haven't tried to do that.
@carlosthomas4139 3 жыл бұрын
Thank you very much for replying!
@jasonrhouse Жыл бұрын
awesome
@DelmarBD 3 жыл бұрын
Does this reconcile receipts I scan with credit card statements? How do you handle matching these up? Thank you so much. Im looking for solutions!
@MikeMancini 3 жыл бұрын
Sorry... I'm not sure.
@garybrown9719 2 жыл бұрын
That's fine but how would you do this for equipment maintenance
@jonathanparker5375 Жыл бұрын
Thank you. I'm already starting to drown in receipts. I knew my system wasn't going to work.
@MikeMancini 11 ай бұрын
Glad I could help
@ElizabethE1267 2 жыл бұрын
I'm thinking of using this to manage my rental property expenses. Can the categories be set up for different, say entities?
@MikeMancini 2 жыл бұрын
Yes... I believe so.
@juliangibbs2294 Жыл бұрын
Do you have to pay for a subscription to use this app?
@blinksbill1138 2 жыл бұрын
Question, if I throw away the original receipt and log it into the receipt bank, will I have any trouble returning that item? Can a store scan the bar code through my phone, or look it up some other way. I don’t have a business, but I would like to implement this kind of program
@MikeMancini 2 жыл бұрын
Sorry... I don't know the answer to your question.
@verjikm 3 жыл бұрын
Great info! Will you please teach us how to make a spreadsheet for accountant. Thank you!
@MikeMancini 3 жыл бұрын
Sorry. I just have one that I built and use in my business. Thanks for watching.
@tclodfelter8789 Жыл бұрын
How do this handle receipts that fit into more than one category like a receipt from Walmart that has several categories, clothing, food, auto maintenance, etc!?
@w.nelson1622 Жыл бұрын
What is the app called so I can download it please?
@pamelafallin7861 3 жыл бұрын
Think you !hope that I will beable to keep your app. My someone can so best way to save infromation pages. Because the one I subscribe to some time dispare whe I go back for them. Iam a person who they there best with very that I get in to my hands to live of. Need bogey income then what I get to come out of the problem I have.
@elwittinio2865 2 жыл бұрын
Cool, but my receipts ( materials etc) go on different jobs. I would struggling at the end of the year to know which jobs they would relate too.
@MikeMancini 2 жыл бұрын
You can separate them into different categories (or jobs).
@Hulk-mc7bp Жыл бұрын
Do those receipt pictures get stored in your phone memory (or card) or are they automatically deleted? Even with regular pictures that I supposedly deleted I keep seeing them again.
@kurdt1980 Жыл бұрын
It depends if the phone can position it'self to missionary style
@carlhammill5774 Жыл бұрын
We are interested in offline receipts (without an app). Is there anyone to create this for ourselves?
@chasitybrinson1240 Жыл бұрын
Hello. My husband has a small business. Can him & employees use this app
@reedinsurancelr Жыл бұрын
Can we select the categories a drop down menu or click a box or do we have to type and create the category ourselves.
@thepropertyflipper Жыл бұрын
There are some prepopulated and you can add categories yourself
@gerraldsamraj Жыл бұрын
Nice guitar
@deborahbrannan3923 2 жыл бұрын
I need to track receipts for a rental and for my business. Can this app manage 2 businesses at once?
@MikeMancini 2 жыл бұрын
As far as I know... yes.
@eri7-11 2 жыл бұрын
A lot of my receipts are in Japan I wonder if it can process receipts in Japanese. Also in Japan they still want paper receipts and kept for seven years
@MikeMancini 2 жыл бұрын
Not sure. Sorry.
@BladesDark 2 жыл бұрын
What if your receipts have multiple categories within one receipt. How do you categorized such?
@MikeMancini 2 жыл бұрын
I'm not sure if this service can separate them. Sorry I can't help.
@AimeeA222 2 жыл бұрын
Hi mike! Do you still use this? Or do you recommend something different now being in 2022?
@MikeMancini 2 жыл бұрын
Aimee, I'm now using Wave Accounting. It's a more robust platform that does a lot more than just receipts.
@AimeeA222 2 жыл бұрын
@@MikeMancini ok great! thank you for your reply, i will take a look! :)
@christinec.7917 Жыл бұрын
Does Receipt bank take up space on your phone?
@saiquality7453 2 жыл бұрын
Is this free app service or paid ?? If this software is paid, shall we claim as part of business maintenance ? Thanks!
@MikeMancini 2 жыл бұрын
It's a paid service. Yes, you can claim it as a business expense.
@GiveyourselfAraise 2 жыл бұрын
Can you make separate folders for different businesses or rental properties?
@MikeMancini 2 жыл бұрын
Sorry... I'm not sure.
@thepropertyflipper Жыл бұрын
yes - create a new project for each business or property
@aaronl.1741 3 жыл бұрын
Is there a way to have the receipts automatically imported/integrated into quickbooks?
@MikeMancini 3 жыл бұрын
Sorry... I'm not sure.
@aj07257 3 жыл бұрын
Yes. It's with their app Quickbooks self-employed but it costs like 7-10 dollars per month.
@SunMaximus Жыл бұрын
Can you do a video on how to do this in evernote?
@silkroadtreasuretrove9178 4 жыл бұрын
Can you tell me how one can scan extra long receipts (3ft)?
@robertpreston8744 4 жыл бұрын
Same question
@MikeMancini 3 жыл бұрын
Sorry. I'm not sure about that. I've never had that problem.
@kylemccali3324 3 жыл бұрын
one foot at a time, in your scanner.
@user-yw7gb5px6q 2 жыл бұрын
Struggled with the same problem for a while till got a scanner, capable to scan receipts up to 72" long. It is Epson ES-50 mobile scanner. Been using it for about 6 months now and love it. Got it brand new for about 140 Canadian $.
@sheilawarner8390 Жыл бұрын
Hello, I am currently looking for an app as this one.. I use a MacBook, along with the apple iPhone. Is this compatible? Thank you!
@Ann199040 2 жыл бұрын
what about receipts like grocery or receipt with multiple items, can it extract all those different datas on the receipt? if not, then there is nothing special of this app
@selimkerim5023 9 ай бұрын
how about too long receipts (like cvc receipts)?
@lseide1322 7 ай бұрын
Hi great video, this is what I'm after but need a free version as I am only self employed so don't have bags and bags of receipts could you recomend something that will work in the uk thanks.
@e.a6851 6 ай бұрын
Did you find anything?
@lseide1322 6 ай бұрын
no not yet@@e.a6851
@CandyHeals 2 жыл бұрын
Doesn’t show up in Google
@MiscellaneousVariety 2 жыл бұрын
wow.
@KelceyG2019 Жыл бұрын
You obviously recommend this over quick books? I don’t know the differences.
@southcoast6 Жыл бұрын
What's the name of the app? Is it only for IPhone? Is it available for Android?
@channyfer3558 Жыл бұрын
I couldn’t find the app in the appstore :(
@bodiesbymack8496 3 жыл бұрын
For some odd reason I can’t find it in the App Store
@MikeMancini 3 жыл бұрын
Sorry... I'm not sure why.
@hankkingsley9183 2 жыл бұрын
I waited a year to do my org and many of the thermal paper receipts were entirely blank. Another reason to digitize them.
@MikeMancini 2 жыл бұрын
That's a great point.
@AllAboutPurple 2 жыл бұрын
@1:25 watch
@MrFilfil220 4 жыл бұрын
I almost like this. If there was a way to take it a step further and have receipts automatically get sent without taking pictures I would be in. Taking pictures makes this convenient but tedious to maintain. If you are a home rehabber, Is there a way to automatically send receipts to different folders based on the P.O. of a menards receipt for exmple?
@MikeMancini 4 жыл бұрын
Sorry... I'm not sure if that's an option or not. I use it exactly how I showed in the video. I have not even begun to take a look at all of the options yet.
@AA-zq1sx 3 жыл бұрын
Just use Quickbooks online! All this receipt stuff is included for a lower monthly price.
@carlosdena4694 3 жыл бұрын
Wow
@MikeMancini 3 жыл бұрын
Thanks for watching.
@satiemacgreggor7974 3 жыл бұрын
What happens when you have a receipt that has a number of things on it but you only need to claim one or two things on the receipt?
@satiemacgreggor7974 3 жыл бұрын
Or if you need to claim things on the receipt in two different places?
@MikeMancini 3 жыл бұрын
Sorry... that's a bit above my pay grade. When I have multiple items on a receipt and I only want to claim one of them as expenses, I will go into the app and just put the amount of the single item. I usually circle it on the receipt as well. So, I just really edit the amount of the receipt to reflect the items I want to claim as expenses.
@melarchuleta8886 Жыл бұрын
Will this total your receipts???
@tedc6694 Жыл бұрын
Problem- walmart receipt. Some non deductible food, some deductible office supplies, some oil for person car, some oil for business car. What then? Even if business only is seperated, will be some office supplies and some repairs and maintenance
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