My method of "filing" receipts may seem pretty ghetto, but it works for us and is VERY simple. Yes, that's right, we use the shoe-box method. But before you laugh and close your browser, stick with me for a second here. There's slightly more to it than that...
- If purchasing something for a non-profit or business expense, we mark it as such immediately and file it separately when we get home. Non-profit/charity purchases that will not be reimbursed go immediately into the current year's tax folder to be dealt with end-of-year. (Same goes for any other tax-deductible receipts.) Business expenses go into a separate business receipt folder.
- Big-ticket purchases get special treatment too. Those receipts are immediately clipped onto the item's instruction manual for safe-keeping. Instruction manuals are filed in a separate area from the regular household files, but are all together filed by type of item (toys, appliances, tools, computer, etc.)
- Medical receipts that are paid for using our health care reimbursement account go into their own folder.
- Small cash receipts for non-returnable items (tacos anyone?) are trashed. I mean really, why should I waste space saving that?
- All other receipts go into a lovely black shoe-box-style photo box I picked up at a craft store. At the end of the year, all the receipts are transferred into a large ziplock or envelope until the taxes are done, then they're shredded.
That's end. My simple receipt filing system.
1 comments:
I never thought to mark the receipt that it was a donation! Thanks! I buy way too much stuff for my museum and wait to write it off instead of turning in the expense!
Post a Comment