Bookkeeping Tip 5 of 10 – Receipts

Every week, take 15 minutes to file your receipts.  This can be as simple as stuffing them all into one file, or sorting them by category.  Do what works best for you, but do it.  Having all your receipts in one place means that you won’t lose them.  A little bit of effort over the year will ensure that tax time is not a stressful time and you get all your deductions.