Little thought is put into those pieces of paper, commonly known as receipts that seem to just overfill our wallets, purses and handbags...if you have a business, this lack of thought could be costing you money!
Quite a number of businesses give receipts that are printed on paper that, if left in the heat for too long, fade. That faded receipt is one that you cannot claim as your accounts person, as wonderful as you think they may be, are unable to read so therefore are unable to claim for your business. Imagine, if you added up all of those receipts, that you could not read, 'accidentally' blew out of the window, got screwed up and thrown in the rubbish bin, just how much money you are actually giving away!
A cost effective method of keeping those tiny receipts that are easy to lose, is to purchase a small expansion file - you can purchase ones that are just the right size for keeping those receipts in until it is time for your bookwork to be done....and leave more money in your pocket at tax time!
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