Editor's Note: Because more individuals are migrating to QuickBooks Online and an increasing number of ProAdvisors are supporting it, Insightful Accountant plans to expand our coverage of QBO with a bi-weekly (every 2 weeks) series called, "What's New in QBO." The features will run in weeks opposite "Warehouse Wednesdays."
When QuickBooks users have QuickBooks Checking and the QuickBooks app on their mobile devices (with notifications turned on), they can choose to link transactions made with their QuickBooks Checking debit card to a receipt they capture and attach to those transactions.
The process is just a few easy steps:
1. When you have notifications turned on in your QuickBooks mobile app and you make a transaction with your QuickBooks Checking debit card, QuickBooks will notify you that the receipt capture option is available.
Source: Intuit QuickBooks Media Source Graphic Content
2. Then snap a photo of the receipt with your mobile device camera.
Source: Intuit QuickBooks Media Source Graphic Content
3. QuickBooks will upload the receipt.
Source: Intuit QuickBooks Media Source Graphic Content
4. Once uploaded, QuickBooks will send you another notification that the receipt is being finalized.
Source: Intuit QuickBooks Media Source Graphic Content
5. Once the upload is complete, QuickBooks will notify you that the receipt is ready for review.
Source: Intuit QuickBooks Media Source Graphic Content
6. You can review the data extracted from the receipt and record it as a new transaction, or you can attach the receipt to an existing expense.
Source: Intuit QuickBooks Media Source Graphic Content
Depending on your available cellular or internet service speeds, all of these steps occur in near real-time.
With this new feature, you will save time and effort chasing down lost, misfiled or mislaid receipts you need to support your expenditures.
Disclosure:
As used herein, QuickBooks®. QuickBooks Online, QuickBooks Online App, and QuickBooks Checking refer to one or more registered trademarks of Intuit Inc., a publicly-traded corporation headquartered in Mountain View, California.
Feature content, including graphic materials, adapted from Intuit source content including QuickBooks resource materials. Source content and graphic materials have been adapted and are furnished for educational purposes only by Insightful Accountant.
This is an editorial feature, not sponsored content. No vendor within this article has paid Insightful Accountant or the author any form of remuneration to be included within this feature. The article is provided solely for informational and educational purposes.
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