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Receipts

Last post Mon, Jan 23 2012 12:01 PM by gayla50. 6 replies.
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  • Wed, Mar 30 2011 5:05 PM

    • Brandy
    • Top 10 Contributor
    • Joined on Wed, Mar 28 2007
    • Saving in South Mississippi
    • Posts 25,145

    Receipts

    If you itemise on your taxes or own a business, you need to keep receipts. This can take time and space but there are some methods that work.

    What is your strategy?

     

    The Dollar Stretcher Community Manager



  • Wed, Mar 30 2011 5:09 PM In reply to

    Re: Receipts

    I keep a folder in my file cabinet for saving them. I don't own a business, we just itemize for our individual taxes. It works for us.

    Stacie

    http://holdinghandswithmyhoney.blogspot.com/
  • Wed, Mar 30 2011 6:09 PM In reply to

    • Karen K
    • Top 75 Contributor
      Female
    • Joined on Tue, Feb 24 2009
    • New York Mills, MN
    • Posts 1,327

    Re: Receipts

    I itemise for our business.  I have a file folder where all the receipts go but just in a big pile.  Where I keep track of things is on the computer.  I use Quick Books and completely rely on that for tax purposes.  So it is very important that I input the information into their proper categories correctly the first time.  :) 

    Karen K

    http://www.sugarcreekwoodworking.com
    http://www.asimplepinebox.com
  • Wed, Mar 30 2011 7:21 PM In reply to

    Re: Receipts

    receits only for the bussines and medical I use to do it now its just for properity and car tax thing I use to do that for the busines and also kept mileage for it also and what went out and what loss I had and when the bussines quit had the tax of the year totaled it was not worth the head aches anymore so glad I sold it and not worry anymore PHEWW?????

    chrissanne
  • Sat, Jan 21 2012 10:12 AM In reply to

    • Brandy
    • Top 10 Contributor
    • Joined on Wed, Mar 28 2007
    • Saving in South Mississippi
    • Posts 25,145

    Re: Receipts

    I am bumping this one up.

    The Dollar Stretcher Community Manager



  • Mon, Jan 23 2012 11:18 AM In reply to

    • MarthaMFI
    • Top 10 Contributor
      Female
    • Joined on Wed, Apr 16 2008
    • New Westminster, BC, Canada
    • Posts 10,850

    Re: Receipts

    I have two envelopes one for home and one for work and I put the bills in a pile and then go though everything at tax time lol

    Officially recognized Stretchpert in Hobbies and Crafts
  • Mon, Jan 23 2012 12:01 PM In reply to

    • gayla50
    • Top 10 Contributor
      Female
    • Joined on Mon, Sep 24 2007
    • Western North Carolina
    • Posts 8,491

    Re: Receipts

    a large file folder in DH truck I gather them when he comes home and put them on a disk the account gets I give him every thing ,

    Gayla

    Officially Recognized Stretchpert in Frugal Food and Cooking and in Slow Cooker Foods



    Purpose is what gives life a meaning
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