E-receipts are more common than ever and offer plenty of benefits that their paper counterparts don’t. But what happens when tax season rolls around? And how can you convert a pesky paper receipt into a convenient digital receipt?
We’re here to clarify e-receipts and electronic receipt laws so that you’ll always have the documents you need readily available if you or your business gets audited.
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Wondering how to account for foreign currency in your travel expense reports? Expensify makes it simpler than ever.
What is foreign exchange accounting?
Foreign exchange accounting is the process of recording business expenses in currencies other than your own.
If you’ve ever taken a business trip to another country, for instance, then you’ve likely found yourself wondering how to get reimbursed for expenses you paid for in yen (or euros, or yuan, or any other type of foreign currency) instead of dollars.
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It’s been a little over a month since ExpensiCon 3. I can still see the sunlight beautifully setting on the white-washed Puglian walls of Borgo Egnazia. While memories of the beauty and relationships made there will last me a lifetime, the lessons learned can serve us all immediately. ExpensiCons are meant to be a special kind of conference that creates a special kind of result. Our locations are meant to inspire. Our events are meant to encourage collaboration. Our content is meant to push us further. Our guest lists are put together to shape the future of the industry. It really is a special event. We like to think of it as the Davos of accounting, and it’s getting pretty damn close.
With any great conference, the hope is that you leave much smarter than when you showed up. It had been 5 years since our last ExpensiCon, and this one left me with more important lessons than any before.
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You’ve decided your business is ready to roll out an app to help manage employee spend and track expenses, but you’re not sure where to start. We’ve got you covered! We’ve highlighted a list of essential features that you should look for when comparing your options on the best expense management app on the market.
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If you haven’t given it a go yourself, do it. It’s a really fun tool to play around with. I’ve used it to proofread my writing, help plan an upcoming trip, and am exploring how to integrate it into the Expensify app. So naturally, I decided to ask ChatGPT, “What is the best expense management app?”
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As we countdown to a new year, don’t forget to update your mileage rate according to the new IRS standard! Beginning January 1, 2019, the business standard mileage rate in the US will be 58 cents per mile, up from 54.5 cents per mile in 2018. Check out IRS.gov for more details.
ExpensiCon has always been a unique conference experience, but attendees were in for a treat as they descended on the islands of Bora Bora. In addition to the lifelong memories being made, our curated list of guest speakers and roundtable discussions provided everyone with new outlooks and learnings — and that was before attendees had the chance to exchange their own tips and tricks! Though ExpensiCon ended last week, take a walk down memory lane with us as we fondly look back on the top 8 trends and takeaways from this once-in-a-lifetime partner retreat.
Despite putting behind them one of the busiest days of the year (at least until next year!), client services weren’t far from most attendees’ minds as they landed in Bora Bora, ready to hit the ground running. Attendees took advantage of the wealth of knowledge amongst each other to trade tips and tricks on best practices to bring back to their firm and clients. What emerged through conversation was honing in on how accountants can take advantage of technology to help their clients get their portion of the paperwork done. Continue Reading…
Tips and tricks for scaling SQLite for 4M real-ish queries per second on a single server, and how bare metal compares to EC2 for this workload.
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Expensify customer Hubdoc has (temporarily) handed the bookkeeping reins to a novice – Senior Product Marketing Manager, Geoff Gualano.
As interim bookkeeper at Hubdoc, Geoff has been tasked with learning his way through the company’s bookkeeping tools (including Expensify) and using his fresh perspective to uncover workflow inefficiencies.
We chatted with Geoff about how he – as a first-time admin – used Expensify to manage Hubdoc’s receipt tracking and expense management process.
If there’s one task as tedious as using spreadsheets to track expenses, it’s trying to find a parking spot when you’re running late for a meeting. SpotHero eliminates that problem by making it easy to reserve parking in advance, so we’ve teamed up so that you can expense your SpotHero reservations with the click of a button.
