Review Sage Point and Claim App
Sage Point and Claim is a comprehensive and easy to use free receipt capture app that can make life much less stressful when it comes to recording property investing or business receipts and claiming deductions. In fact, there is no need for you to ever lose a receipt again!
You simply use the camera on your device to take pictures of any receipts you have. The app will automatically categorize the receipts. If for some reason it can’t complete the process, it will ask you to manually check and complete a form. You tell the app if your purchase is tax deductible, then save your entry. The filters provided will allow you to quickly find receipts you need to refer back to at any time.
The best thing I love about this app is that it’s perfect for recording receipts for purchases relating to warranties. You know, the ones you can never find when you need them! One quick pic and Sage Point and Claim will store all the details for warranties for whenever you need to refer to them again.
This app saves loads of time sorting, categorizing or looking for receipts you’ve lost when it comes to tax time. Many accountants will have the HandiTax or other facilities so you can simply upload your receipts to them for preparation of your end of financial year accounts.
Sage Point and Claim App is available for iOS and android devices. The developers have also added the benefit of password protecting the software and syncing your information for storage to the cloud. This gives YOU the ability to access your receipts anywhere, anytime while also protecting it from getting into the hands of others.
Considering the large number of receipts I process it would be handy to have the facility to archive receipts after the year end.
This app is a great time saver for those who enjoy the modern technology. I’m still a little old fashioned and love to feel and see the paper in my fingers. I will run this app alongside my manual bookkeeping for a little while before making the switch completely. I could definitely find other fun things to do with the time it takes to maintain the current bookkeeping records
There is no doubt that we are moving to a paperless society and that’s something I’ll have to personally get used to. Apps like Sage Point and Claim certainly make that transition easier!
Overall it’s an easy to use, time saving app with a great interface.
I would warn small business owners not to make ridiculous claims, particularly given that the Australian Tax Office’s hit list includes excessive or incorrect work-related claims this year. Remember the golden rule: you can’t claim what you can’t prove.
You can download the Sage Point and Claim app here: http://sage-handisoft.blogspot.com.au/2014/06/free-app-expense-claims-made-easy.html
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