Simplify expense reporting for small business tax preparation using XPenses

This task can be performed using XPenses

Best product for this task

XPenses

accounting

A tool to simplify expense tracking for small businesses.

expense managementreceipt scanninginvoice workflow

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What to expect from an ideal product

1. Takes photos of receipts and turns them into organized digital records
2. Groups expenses by category to match standard tax deduction types
3. Creates monthly and yearly reports ready for tax filing
4. Tracks business mileage and calculates deductions automatically
5. Links to your bank accounts to catch and label all business purchases