Expensify Blog

Expense Reports That Don't Suck

Expensify’s new setup wizard for Google Apps hosted companies

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It’s been almost 5 full months since we launched our expense reports that don’t suck in the Google Apps Marketplace. During that time we’ve received a lot of great feedback from many of the new companies that came to us from the Marketplace (Welcome everyone!). From that feedback we’ve designed a setup wizard that breaks down the install process into simple, manageable steps and eases the transition for your company to use our app for your expense report management.

The wizard only shows the information most relevant and automatically adjusts to your needs to take the time and hassle out of setting up a company. The changes run deep under the hood, but the most notable differences are outlined below.

Sync with your company’s employee email list


Sync your company email list to make sure everyone gets an Expensify account when you add us to your universal navigation bar. Syncing with your email list also lets us automatically keep your expense policy up to date with new hires, reducing the time and overhead spent on expanding your workforce. Use the drop downs next to each name to create an approval tree for all submitted expenses. Once the wizard is complete, we’ll create accounts for your employees and send out a brief welcome email with some tips to get started.

Share administrator privileges with an accountant


Give your accountant access to the expense policy. They’ll be able to make updates and set up the sync with QuickBooks to pull in your company’s chart of expense accounts. Use the synced account list to auto-categorize transaction types and save your employees’ time when they create their expense reports as well as increase the submission rate of correctly formatted reports.

Not using QuickBooks? Create your own expense categories!

Central billing


Learn about our pricing and set up a billing credit card for your company’s use of Expensify. Remember, it’s free for your company to receive expense reports from up to 2 people each month so you can skip this step and jump right in to an unlimited free trial. When you’re ready to switch your entire company on to Expensify we’ll show our pricing again and prompt for you to enter a billing credit card.

Read more about our app in the Google Apps Marketplace with the link below!

Need help setting up your company to use Expensify? Check out our step-by-step tutorial here

Written by Zhenya Grinshteyn

July 13, 2010 at 7:00 am

Posted in Announcements

Expensify personally delivers your expense reports into the cloud

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How many times have you heard “cloud this” or “cloud that” but were never sure of where your stuff actually was in this “cloud”? Well, at Expensify we got fed up with giving people a roundabout answer about which one was our cloud and where your expense reports are going. This past weekend Zhenya and Witold took some time off from providing phone support and monitoring servers to hand pick and deliver your expense reports in to the cloud.

A cherry picker wasn’t tall enough and the clouds of smoke around San Francisco weren’t the clouds we were looking for. Already, picking a cloud seemed way more difficult than initially thought. Not to be discouraged, we set our sights outside of San Francisco. After several hours of driving, we’d finally found a cloud we liked.

Hovering right above Mt. Shasta, our very own expense cloud looked so soft and pure, yet menacing enough to ward off any potential threats to the security of your expenses. Making haste to get your expense reports moved in to their cloud, we geared up and proceeded on our quest.

Having only stopped to put a fresh Clif bar in our stomachs and water to wash away the thirst, we made our way through the tree line and emerged on to the lower part of Avalanche Gulch.

Feeling good from the thinning air, we kept on our way up, winding along the narrowing gully…

…until we reached a plateau: Helen Lake, a place to rest and relax for the night. Tired from the last push, we lounged around where the sun peeked through the cloud (and got quite a tan!) to give our legs a much needed break. A packet of chicken and rice mixed with boiling water did the trick to bring back our strength and regain our confidence in the mission at hand. As we set up our neon yellow home for the night, all we could think about was the next part of the climb, and more hot food.

It’s morning. 5 AM to be precise. It’s also cold, but not nearly as cold as it should be for all of the snow surrounding us. Despite the differences in scenery, the next day of cloud searching began much like any other day: with breakfast. A boiling pot of Gatorade mix and a blueberry crisp Clif bar sets us straight as we begin our move in to the cloud.

Just mere meters below the cloud, you can really see the excitement burning Wito’s lungs as he comes ever closer to announcing…

“It’s official! “

“Your expense reports are in the cloud.”

The glee and glory soon faded as our thoughts turned to the future. What about when we get more people using our apps? What happens when we expand and need a bigger cloud? Well, what a perfect spot for us to be in. It just so happened that the summit was staring down at us, several hundred meters in the distance. Surely up there we would have enough room to host a bigger cloud when the need arose.

Refueling from now frozen chocolate chip Clif bars and icy water, safe and secure in the knowledge that we’d got at least a little cloud space to tide us over, the push to the summit seemed easy. We clambered up the last bit of ice, snaked over a sulfur spring and made the last steps to wind around a cluster of rocks to set foot on the very tip top of Mt. Shasta.

Finally, looking down at our expense cloud below, we knew that our mission was a success. Overcoming hurdles (and a lot of icy rocks), we had come out on top ensuring that we have enough cloud space to handle our growth.

As of this writing, we are the first and only expense reporting solution with tangible proof of being in the cloud. Where else do you get that kind of authenticity and dedication?

Written by Zhenya Grinshteyn

June 28, 2010 at 9:00 am

Posted in Announcements

The War is Growing Against Suck.

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When we launched “Expense reports that don’t suck!” in September 2008, the tagline was pretty controversial.  Half the responses cheered us on, and the other half thought we were idiots.  Well nothing calms nerves like good company, one of who is none other than GE (yes, that GE):

When I first saw that I thought, “surely it’s a coincidence, they couldn’t really be copying Expensify… right?”  Then the other day TechCrunch posted a story about “A Bank that Doesn’t Suck”:

Ok, that’s starting to get close, but still.  Probably a coincidence.  And then today:

I think I see a trend.  But you know, it’s a good trend.   It doesn’t matter if they’re copying us.  What matters is we’re brothers in arms, waging a global, multi-industry battle against Suck.  Welcome to the fight.

Written by David Barrett

May 25, 2010 at 7:48 pm

Posted in Announcements

7-person, funded, early-stage startup needs you! (junior coder)

with 3 comments

Perfect for new college grads or people who are bored with school and want to get started in the real world!

Hello, my name is David Barrett and I’m the CEO of Expensify. We do “expense reports that don’t suck!” (Google “expensify” to read more.) We’re getting crushed under an ever-growing pile of super awesome work, and I need one bright soul to help us dig our way out. I can guarantee you fun, an amazing opportunity to learn, and the siren’s call of distant riches. But only if you are *all* of the following:

  • An incredibly hard worker, even when it’s not so fun. There is a ton of work to do, and a lot of it downright sucks. After all — we do the sucky work so our customers won’t need to. I need you to buck up and grind through server logs, user emails, source code, and bug reports, without complaint or supervision, and come back asking for more.
  • A cool person to be with. Not a crazy party animal, just someone we can trust, rely upon, hang out with, bounce ideas off of, and generally interact with in a positive way, both personally and professionally. In fact, this is one of the most stringent requirements we have: would you be fun to hang out with day and night on some remote, exotic beach? This isn’t a rhetorical question, either: every year we take the company overseas for a month (on your own dime, sorry) and work incredibly hard while having a ton of fun. We’ve done Thailand, Mexico, India, and Turkey. Where do you want to go this year?
  • Super talented, in a general way. We’re going to throw a ton of work at you of every possible sort, and you need that magic skill of being able to figure it out even if you have no idea where to start. On any given day you might bounce between super low-level coding, super high-level technical support, updating our user documentation, inventing/designing/building some new feature, etc. This is not a code monkey job — you’re going to be a full participant in the process, and you need to bring your own unique blend of skills to the table.
  • Specifically talented in a programming way. You can instantly visualize solutions to problems big and small. Your code is always clean, well commented, has good nomenclature and indentation. You can switch on a dime between C++, PHP, Bash, Cron, HTML, CSS, JavaScript, jQuery, Dwoo — not because you know them all, but because you’re the sort of person who can just pick it up and figure it out. If you’re this sort of person, you’ll know what I mean. If not, then this position isn’t for you.

And there are a bunch more, but odds are if you got this far, nothing I can do would stop you from applying. That’s a problem because while I know *you* are awesome, it’s actually really hard and time consuming to find you in the midst of the literally hundreds of other applications I get from everyone else. So this is where I’m going to ask my first favor: can you make it *really easy* and obvious how great you are, so I don’t accidentally overlook you?

There are probably many ways to do that. But the easiest way is to help me out by answering the following questions:

  1. What’s the URL of your website? If you don’t have one, stop now — please save us both the time by not applying.
  2. When did you start programming? Tell me about your first project, what technologies you used, and why you did it.
  3. Why do you do it? Why programming instead of all the other exciting careers out there?
  4. What was your last/current job, what was/is your total compensation package, and why did you / do you want to leave? Can I have the name and phone number of your last manager? It’s cool if you left on bad terms — I got fired from my last job, after all — just tell me the story.
  5. If you were rich, what would you do, and why?
  6. Without doing any research or asking any friends, what language is each of the following code fragments, and what’s wrong with each (if anything)?

       .centered { text-align: center; vertical-align: center; }
    
       tail /var/log/syslog | grep warn
    
       char* data[] = { "foo", "bar", 0 };
       int strlenSum = 0;
       do { strlenSum += strlen( *data ); } while( data++ );
    
       The time is <? time() > o'clock.
    
       var a, b = { c: "d" };
       alert( a.c );
    

  7. What’s the biggest, coolest project you ever built from top-to-bottom? Not a component; a whole self-sufficient thing.
  8. What’s a salary and equity cut that excites you? Like, truly feels “wow, I’m being valued”. What’s the minimum you’d take? Don’t skimp on the question: it’s gnarly, I know. But let’s just get it out in the open, up front.
  9. Why do you want to work at Expensify, specifically? Not something general about startups overall; what is it about us in particular that interests you?
  10. What’s the catch? Everybody has strings attached — you’ve got something you need to finish first, some big vacation commitment coming up, some particular fear you need addressed or requirement you need satisfied. It’s fine. But what is it?

Please send your answers to dbarrett@expensify.com. If you make an honest attempt at answering the questions above, I promise I’ll respond personally — hopefully in a timely fashion, but definitely sometime.

Thanks. I’m genuinely excited to hear from you. I know there’s someone out there who will be a perfect fit for our team. I really hope it’s you, and I appreciate your help in patience while we figure that out together. Thanks!

David Barrett

Founder and CEO of Expensify

Follow us at http://twitter.com/expensify

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Recent coverage:NetBanker | Lifehacker | TechCrunch | GigaOm | Salesforce | VentureBeat | Scoble (Video)

Written by David Barrett

May 21, 2010 at 6:30 pm

Posted in Job

Take control of your business expenses with our analytics tool

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Update: This analytics feature was picked as the Finovate 2010 “Best in Show”!!

To date, all of our features and integrations have saved contractors, employees, bookkeepers and accountants countless hours and many a headache in getting expenses organized. But what about the managers, the people approving and reimbursing expenses? Well, today is their day!

We’ve just added a powerful addition to our web app: a complete analytics package to track and review spending in varying levels of detail. With a single click, Expensify analytics populates your employee’s expense reports into clear charts and graphs, allowing you, the decision-maker, to better manage your resources, budget and team. All reported and unreported expenses can be viewed and analyzed by employee, by date, and by expense category. Each of these can then be broken down even further to show daily, monthly, or yearly totals for spending.

Expensify Analytics line graph of employee spending

A chart of daily spending pinpoints spikes in consumption

Our free analytics tool will help you to spot excess spending, curb over consumption, and gain insight in to your operating costs. Sign in to your account on our site, head over to the Expenses tab and see your employee and contractor spending in an entirely new way!

Written by Zhenya Grinshteyn

May 11, 2010 at 2:20 pm

Posted in Announcements

Intuit picks us to help organize your business expenses!

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Exciting news, our friends at Intuit have picked us through the Intuit Partner Platform to be a part of the “Get Organized, Get Rewarded” promotion with MyFax and OfficeDrop. Get rewarded for using Expensify by signing up your company through the Intuit Workplace App Center.

Expensify is a partner in Intuit's Get Organized. Get Rewarded promotion

Sign up for Expensify through the Intuit Workplace App Center!

Sign up your entire company to use Expensify through the Intuit Workplace App Center, and keep using us to track your business spending and create expense reports that don’t suck for 6 months. If you do, Intuit will reimburse your company for the first 3 months of using our service!

Wondering about our pricing? Use us for free to create and submit expense reports! When more than 2 people submit an expense report for approval and reimbursement, we’re only $5/submitter per month with the first 2 submitters free. More details about our pricing is at https://www.expensify.com/content/help/price.

Written by Zhenya Grinshteyn

May 6, 2010 at 7:30 am

Posted in Announcements

Create your entire expense report on the iPhone!

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Our mobile expense report app for the iPhone just got stronger, better, and faster (but remains free)!
Download your copy of our expense app version 2.0 here or find it by searching for “Expensify” in the app store.

What does the app do?

  • Import expenses from your credit card or bank account
  • Log and track your mileage
  • Manage all of your expenses and receipts, offline!
    • Snap pictures and upload receipt images to your account
    • Log cash expenses right as they are incurred
  • Create and submit an entire expense report from anywhere!
    • Add and categorize expenses,
    • Attach receipts, and
    • Send it off for reimbursement!

We’ve improved the functions of adding cash expenses and scanning receipt images to work offline. The next time you load the app with an internet connection, all of the added receipts and expenses will be uploaded to your account in the background, giving you the freedom to keep doing what you were doing.

In addition to capturing receipt images and adding cash expenses, the app now lets you manage and sort all of your expenses to create and submit an entire expense report right from your phone.

Download and install your copy of the Expensify iPhone mobile expense report app from the link or by going to the iPhone app store and searching for “Expensify”.

Written by Zhenya Grinshteyn

April 26, 2010 at 11:00 am

Posted in Announcements

Now, with more banks!

with 3 comments

Our engineers have been working away at increasing the amount of supported banks for importing expenses. Today bears the fruit of their labor as a large addition of supported banks, covering the vast majority of all banks and credit card issuers in the US. For the curious, the full list of supported banks is at the very end of this post. If you’ve had to use OFX/QFX upload or gave up because you couldn’t import your expenses directly, now is the time to connect your bank!

selecting a bank to import expenses from

Search for and select the bank from which to import expenses

Just start typing the name of your bank, and we’ll show you all matching results. Select your bank, and proceed to import your expenses from that account.

We’re still adding more banks and we need people to be part of a beta test. If you have an account with any of the banks below and would like it to be supported, email Nate, our bank maestro, and he’ll work with you to get your expenses imported.

    A.G. Edwards – Wachovia Securities
    Allegiance Bank
    AltaOne Federal Credit Union
    American Century Investments
    APEX Community FCU
    APL FCU
    Arrowhead Credit Union
    Atlantic Employees FCU
    Bossier Federal Credit Union
    Brownbuilder FCU
    Clearview Federal Credit Union
    Community First Credit Union
    Compass Bank
    Compass Bank for Savings – MA
    C-Plant Federal Credit Union
    Credit Union West
    Decibel Community CU
    Down East Credit Union
    Ent Federal Credit Union
    Fairwinds Credit Union
    Farmers&Merchants State Bank(Boise)
    Firstar Biz.e
    First Horizon
    First National Bank of Bryan
    First Tennessee
    Genisys Credit Union
    Greenfield Savings Bank
    Langley Federal Credit Union
    Los Alamos National Bank
    Meriwest CU
    Mon-Oc FCU
    M & T Bank
    Municipal Employees Credit Union of Baltimore, Inc.
    National City
    National City Small Business
    NetBank
    Nevada Federal Credit Union
    Nutmeg State FCU
    Phenix FCU
    Picatinny Federal Credit Union
    Provident CU
    SAC FEDERAL CREDIT UNION
    Salt Lake City Credit Union
    Sioux Empire Federal Credit Union
    Smart Financial Credit Union
    Sooper Credit Union
    Southern National Bank of Texas
    Southwest Airlines FCU
    TD Bank – Online Banking
    Telco Plus Credit Union
    Tennessee Valley FCU
    Texas State Bank – McAllen
    The Laredo National Bank
    T. Rowe Price
    TRW Systems FCU
    United Educators Credit Union
    University Federal Credit Union
    U.S. First FCU
    VISA Information Source
    Vista Federal Credit Union

The full list of supported banks is below:

    1st Advantage FCU
    66 Federal Credit Union
    ABNB Federal Credit Union
    Addison Avenue Federal Credit Union
    Air Academy FCU
    Allegiance Community Bank
    Allegiance Credit Union
    America First Credit Union
    American Express
    Amplify Federal Credit Union
    APCO EMPLOYEES CREDIT UNION
    Archer Bank
    Ascentra Credit Union
    Bank-Fund Staff FCU
    Bank of America
    Bank of Stockton
    Bank of Tampa, The
    Bank of the West
    Bank One
    Barnes Banking Co.
    Baton Rouge City Parish Emp FCU
    BB&T
    BECU
    Billings Federal Credit Union
    B-M S Federal Credit Union
    BNY Mellon
    Bridgehampton National Bank
    Camino FCU
    Campus USA Credit Union
    Capital One
    Capitol Credit Union
    CardMember Services
    Cedar Point Federal Credit Union
    Centra Credit Union
    Central Florida Educators FCU
    Central Maine FCU
    Central Virginia Federal Credit Union
    Centura Bank
    Century Federal Credit Union
    Charles Schwab Bank, N.A.
    Chase
    Chesterfield Federal Credit Union
    Chicago Community Bank
    Chicago Patrolmens FCU
    Citadel FCU
    Citibank
    Citizens Bank
    Citizens Community Bank – Chicago, IL
    Collegedale Credit Union
    Colonial Bank
    Columbia Credit Union
    Comerica Bank
    Commerce Bank, NA
    Commercial Federal Bank
    Community 1st Credit Union
    Community Bank of DuPage
    Community Resource Bank
    COMSTAR FCU
    Consumers Credit Union
    Continental Federal Credit Union
    Credit Union One
    Cyprus Federal Credit Union
    DATCU
    Day Air Credit Union
    Delta Community Credit Union
    Denali Alaskan FCU
    Desert Schools Federal Credit Union
    Diamond Credit Union
    Diner’s Club Card
    Discover Card
    Dominion Credit Union
    Dupaco Community Credit Union
    DuPont Community Credit Union
    Eastern Bank
    Edens Bank
    EDS Credit Union
    Educational Employees CU Fresno
    Educators CU WI – Direct
    Elevations Credit Union
    Envision Credit Union
    FAA Credit Union
    FAA Technical Center FCU
    F&A Federal Credit Union
    Fall River Municipal CU
    FIA Card Services
    Fifth Third Bancorp
    Finance Center FCU (IN)
    Financial Center CU
    First Alliance Credit Union
    Firstar
    FirstBank of Colorado
    First Citizens Bank – NC, VA, WV
    First Commercial Bank – Chicago, IL
    First Commonwealth FCU
    First Community FCU
    First Florida Credit Union
    First Hawaiian Bank
    First Interstate Bank – Direct
    First Tech Credit Union
    First USA
    FivePoint Credit Union
    Florida Telco CU
    Fort Knox Federal Credit Union
    Fort Stewart GeorgiaFCU
    Fremont Bank
    GCS Federal Credit Union
    Guaranty Bond Bank
    Hawaiian Tel Federal Credit Union
    Hawaii State FCU
    Hawthorne Credit Union
    HFS Federal Credit Union
    Home Federal Savings Bank(MN/IA)
    Honolulu Federal Credit Union
    Horizons Federal Credit Union
    Huntington National Bank
    IBM Southeast Employees FCU
    Indiana Members Credit Union
    ING DIRECT (Canada)
    Insight Financial Credit Union
    International Bank of Commerce
    IronStone Bank
    JPMorgan Chase Bank
    JPMorgan Chase Bank (Texas)
    JSC Federal Credit Union
    Kekaha Federal Credit Union
    Kennedy Space Center FCU
    KeyBank
    Kinecta Federal Credit Union
    Kirtland Federal Credit Union
    Kohler Credit Union
    LaSalle Bank Midwest
    Las Colinas FCU
    Latino Community Credit Union
    Local Government Federal Credit Union
    Lone Star Credit Union
    Market USA Federal Credit Union
    Mayo Employees Federal Credit Union
    McCoy Federal Credit Union
    Merck Sharp & Dohme FCU
    Metropolitan Bank – Chicago, IL
    Michigan State University FCU
    Mission FCU
    Missoula FCU
    Monterey Credit Union
    Motorola Employees Credit Union
    Mountain America CU
    MTC Federal Credit Union
    National Penn Bank
    Nationwide Federal Credit Union
    Navy Army Federal Credit Union
    North Carolina Press Association Federal Credit Union
    North Community Bank
    NorthEast Alliance FCU
    Northern Skies FCU
    Northern Trust – Banking
    Northwest Community Bank – IL
    Novartis Federal Credit Union
    NW Preferred Federal Credit Union
    Ohio University Credit Union
    Old National Bank
    Oregon Community Credit Union
    Oswego Community Bank
    Palmetto Citizens Federal Credit Union
    Patelco CU
    Patriots Federal Credit Union
    Peninsula Community Federal Credit Union
    Plaza Bank Illinois
    Postal Credit Union
    PSECU
    Qualstar Credit Union
    Randolph Bank
    Red Crown Federal Credit Union
    Regions Bank
    Reliant Community Credit Union
    Sacramento Credit Union
    SafeAmerica Credit Union
    SAFE Federal Credit Union
    Sandia Laboratory Federal CU
    SchoolsFirst FCU
    Security 1st FCU
    SELCO Community Credit Union
    Sierra Central Credit Union
    Signal Financial Federal Credit Union
    Silver State Schools CU
    Siouxland Federal Credit Union
    SmartyPig
    Smith Barney – Transactions
    SMW Federal Credit Union
    Southeastern CU
    Southern Community Bank and Trust
    Spectrum Connect/Reich & Tang
    Spokane Teachers Credit Union
    State Employees Credit Union (NC)
    Summit Credit Union (WI)
    Suncoast Schools Federal Credit Union
    SunTrust
    TD Bank
    Technology Credit Union – CA
    Telhio Credit Union
    Texas Dow Employees Credit Union
    The Golden 1 Credit Union
    The Mechanics Bank
    The Queen’s Federal Credit Union
    Think Federal Credit Union
    Tri Boro Federal Credit Union
    UMB Bank
    Union Bank of California
    United Health Services Credit Union
    United Teletech Financial
    Unity One Federal Credit Union
    University Credit Union
    USAA Federal Savings Bank
    USAgencies Credit Union
    US Bank
    Utah Community Credit Union
    UW Credit Union
    Vantage Credit Union
    Velocity Credit Union
    Veridian Credit Union
    Virginia Educators Credit Union
    Wachovia Bank
    Warren Federal Credit Union
    Wells Fargo
    Whatcom Educational CU
    Windward Community FCU
    WoodGrove Direct 1.02
    Wright Patman Congressional FCU
    WSECU
    Yakima Valley Credit Union

Written by Zhenya Grinshteyn

April 8, 2010 at 9:07 am

Posted in Announcements

Top 10 Tips to Be Tax Ready Next Year

with 2 comments

Guest post By Mark Cummins, CPA

With two weeks until the April 15th tax deadline, will you be ready to file taxes on time and without any issues? If you’ve found yourself scrambling to do your taxes this year, making yourself and your tax professional crazy in the process, here is a top ten list of suggestions to make taxes next year a smoother process. By starting on a solid tax strategy now, you will be rewarded with less headaches and bigger deductions next year.

  1. Use your credit or debit card for all business expenses – The IRS allows copies of credit or debit card statements for itemized proof of business expenses. Link the card with your Expensify account and get eReceipts for most expenses under $75, then capture receipts for big ticket items with their mobile app. It’s still good, however, to keep the receipts for very large purchases so file them away after you snap a picture.
  2. Use one bank account for business – Open up a business checking account and run all of your expenses through it. Try to find a bank that has online banking, allows you to download transaction history in OFX or QFX format, and stores 7 years of statements, including check images.
  3. File receipts immediately – A lot of deductions are lost due to missing receipts and documentation for the expense. Install any of Expensify’s mobile apps to take pictures of receipts as you get them. If you have a smart phone that is yet to be supported, simply snap a picture of the receipt and either email it or upload it to your account at first chance.
  4. Organize your records – Make sure to group all of your expenses and their receipts in to categories like meals and entertainment, office supplies, travel, etc. If you’re not using Expensify to organize your expenses, keeping receipts sorted and categorized in manilla folders is the next best thing. Keeping your tax records in one place will save hours of frantic searching at tax time (and help you if the IRS comes knocking). Remember, when it comes to taxes, being organized is your friend!
  5. Log your miles – If you use either the standard mileage deduction or actual costs for vehicle expenses, log your business miles as they happen. Enter in the stops on your trip and Expensify will calculate the mileage expense for you or pick up a calendar or mileage log at your local stationary store and write them in manually. Whichever way you track mileage, make sure it’s easy to add up and compute at years end.
  6. Do monthly profit and loss statements – Often small business owners fail to “keep the books” on a regular basis. With all the bookkeeping software available there is no reason for you, or a hired bookkeeper, not to keep your books on a regular basis. QuickBooks is free to try and a good place to start. If you found a bank where you can download data, often you can organize and then upload your transaction history straight into your bookkeeping software.
  7. Use a payroll service – Most payroll services offer special rates for small business owners, often at less than $50 per month. They will deduct all of the necessary federal and state taxes and then direct deposit your “net paycheck” into your personal account.
  8. Perform a mid-year tax check up – Small business owners often fail to make proper estimated payments during the year, and then come up short on Tax Day. Contact your tax professional and estimate what your net income will be at year end based on how you are doing mid-year. Teaspiller provides online tax prep help. Teaspiller allows you to import all of your data from Expensify, and other popular small business tools, so you can have an accountant review everything without ever having to step foot inside their office. They’ll calculate your estimated tax liability and give you an idea of how much your quarterly estimated payments should be.
  9. Keep a “Perm File” – Have a file box with your most important papers like homeowner’s policies, auto purchase agreements, loan documents, and business agreements, in one place. You may never need this come next April 15, but you’ll be glad you have it organized if you do.
  10. Make a note of itemized deductions and credits – There are many standard deductions you can claim, which reduces the total income that can be taxed. Standard deductions may include child care costs, education costs, interest on your mortgage, charitable donations, and more. Find out which deductions you are eligible to claim and keep track of them in a separate expense report which you can hand to your tax professional.

Mark Cummins, CPA has over 20 years of experience in tax, accounting, and systems areas. He has extensive experience with the IRS Tax Court and manages a private CPA practice in Los Angeles, California. He’s also an expert available for help on Teaspiller, an online tax platform that allows small business owners to get help from tax experts around the country without ever leaving their office or home. Visit his profile at: http://www.teaspiller.com/mcummins.

Click here for more tips and information on how Expensify and Teaspiller can help you come tax time next year.

Written by Zhenya Grinshteyn

April 1, 2010 at 8:00 am

Posted in Announcements

6-person startup is taking off and needs you! (junior web designer)

with one comment

Update: The position has been filled. Thank you to all applicants!

Perfect for new college grads or people who are bored with school and want to get started in the real world!

Hello, my name is David Barrett and I’m the CEO of Expensify. We do “expense reports that don’t suck!” (Google “expensify” to read more.) We’re getting crushed under an ever-growing pile of super awesome work, and I need one more bright soul to help us dig our way out. I can guarantee you fun, an amazing opportunity to learn, and the siren’s call of distant riches. But only if you are *all* of the following:

  • An incredibly hard worker, even when it’s not so fun. There is a ton of work to do, and a lot of it downright sucks. After all — we do the sucky work so our customers won’t need to. I need you to buck up and grind through div, spans, tables and more, without complaint or supervision, and come back asking for more.
  • A cool person to be with. Not a crazy party animal, just someone we can trust, rely upon, hang out with, bounce ideas off of, and generally interact with in a positive way, both personally and professionally. In fact, this is one of the most stringent requirements we have: would you be fun to hang out with day and night on some remote, exotic beach? This isn’t a rhetorical question, either: every year we take the company overseas for a month (on your own dime, sorry) and work incredibly hard while having a ton of fun. We’ve done Thailand, Mexico, India, and Turkey. Where do you want to go this year?
  • Super talented, in a general way. We’re going to throw a ton of work at you of every possible sort, and you need that magic skill of being able to figure it out even if you have no idea where to start. On any given day you might bounce between super low-level CSS tweaks, super high-level technical support, updating our user documentation, inventing/designing/building some new feature, etc. This might be a junior role, but you’re going to be a full participant in the process, and you need to bring your own unique blend of skills to the table.
  • Specifically talented in a design way. You make clean, professional designs that steal the best ideas and make them better. You have a natural eye for soothing, cheerful colors, and can find or create color palettes that reinforce the appropriate emotions. You code solid, cross-browser HTML and CSS, and are capable of diving into and cleaning up an existing design without insisting upon a massive from-scratch redesign from day one. You know the best places to find fonts, icons, stock art, color palettes, and design inspiration — and you know when to create anew versus stick with the basics. But overall, you have the chops to take our site and page by page, div by div, make it look a little bit better every day.

And there are a bunch more, but odds are if you got this far, nothing I can do would stop you from applying. That’s a problem because while I know *you* are awesome, it’s actually really hard and time consuming to find you in the midst of the literally hundreds of other applications I get from everyone else. So this is where I’m going to ask my first favor: can you make it *really easy* and obvious how great you are, so I don’t accidentally overlook you?

There are probably many ways to do that. But the easiest way is to help me out by answering the following questions:

  1. What’s the URL of your website? If you don’t have one, stop now — please save us both the time by not applying.
  2. When did you start designing? Tell me about your first project, what techniques you used, etc.
  3. Why do you do it? Why web design instead of all the other exciting careers out there?
  4. What was your last/current job, what was/is your total compensation package, and why did you / do you want to leave? Can I have the name and phone number of your last manager? It’s cool if you left on bad terms — I got fired from my last job, after all — just tell me the story.
  5. If you were rich, what would you do, and why?
  6. Without doing any research or asking any friends, what does each of the following do, and what’s wrong with each (if anything)?

       .centered { text-align: center; vertical-align: center; }
    
       body > table > td { border: 1px dashed light-green; }
    
       input[type='text'] { font-size: 1em; }
    
       .li { list-style: disc left; }
    
       .lotsOfDivs #childdiv { font-weight: italic; }
    
       .warning { font-color: #00FF00; }
    
        #parentDiv { position: relative; }
        #parentDiv .childDiv { float: right; } 
    

  7. What’s the biggest, coolest project you ever designed from top-to-bottom? Not a component; a whole self-sufficient thing.
  8. What’s a salary and equity cut that excites you? Like, truly feels “wow, I’m being valued”. What’s the minimum you’d take? Don’t skimp on the question: it’s gnarly, I know. But let’s just get it out in the open, up front.
  9. Why do you want to work at Expensify, specifically? Not something general about startups overall; what is it about us in particular that interests you?
  10. What’s the catch? Everybody has strings attached — you’ve got something you need to finish first, some big vacation commitment coming up, some particular fear you need addressed or requirement you need satisfied. It’s fine. But what is it?

Please send your answers to dbarrett@expensify.com. If you make an honest attempt at answering the questions above, I promise I’ll respond personally — hopefully in a timely fashion, but definitely sometime.

Thanks. I’m genuinely excited to hear from you. I know there’s someone out there who will be a perfect fit for our team. I really hope it’s you, and I appreciate your help in patience while we figure that out together. Thanks!

David Barrett

Founder and CEO of Expensify

Follow us at http://twitter.com/expensify

Personal blog: http://quinthar.com

Company blog: http://blog.expensify.com

Recent coverage: http://is.gd/b0MuV

Written by David Barrett

March 26, 2010 at 1:04 pm

Posted in Job