ShootReceipt: Expense Tracking Made Easy

Price: $0.99    Rating 10/10    by Nancy Jones

Collecting receipts for business trips can be a hassle. Wouldn’t it be easier if you could just collect a few basic facts, take a picture of the receipt and forget it? Well, there’s good news – a new app, ShootReceipt, developed by Endeavour Software Technologies, P. Ltd, gives you all the expense tracking functionality that you could want and is very easy to use. ShootReceipt puts an end to searching through all your bags for receipts and then spending hours organizing the information for your accounting department.

The first thing you do is create an “Account.” This could be the name of your business trip or client. You enter a start date, end date, the currency you will be using (160+ are included) and you an option to add a note. The note is just free-form text; you can add anything you want. It could be a reminder to collect a certain type of receipt or a warning that some particular expense is not allowed.

Once you have your account set up, you click on it and start adding transactions. For each transaction you fill out a name (restaurant name, city, etc.) date, payment mode (cash, credit/debit card or check), amount, category (accommodations, air, meals, entertainment, etc.) and any notes you might want. Then you put your receipt on something flat and click photo receipt.  The camera opens up; you center the receipt and click to capture the photo. You have an opportunity to use the photo or retake it. I know this is going to be obvious, but pristine, non-wrinkled receipts are easier to capture.

Now, all that is impressive and the app would have been worth the money (maybe even more) without any extra features. The real WOW factor comes in when you email the information to yourself, or your accounting department.  You get images of each receipt and an Excel sheet that organizes your expenses by category. You will need either a Gmail or hotmail account to send the information.

ShootReceipt is designed for business use, but that’s not to say you couldn’t use it in your personal life. When I told some friends about this app, they immediately recognized the value from a business point of view, but suggested other uses like Christmas spending or keeping track of everyday personal expenses. How much money do you spend on coffee each month? Or, if you start a home improvement project, this would be an easy way to keep track of the expenses. I think that once you have this app you’ll think of more and more ways to simplify and organize your expense tracking.

ShootReceipt is compatible with iPhone and iPod Touch and requires iPhone OS 2.2.1 or later. Note: Since the iPod Touch does not have a camera, you will not be able to capture an image of the receipt and that feature will be disabled.

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