Receipts get lost, the data entry is tedious and takes forever and one's accountant or finance manager are always frustrated with the late submission of reports. ExpenseMagic turns receipts and invoices in to expense reports and spreadsheets. It removes all the pain of capturing, storing and processing receipts. You simply snap a photo of any receipt with your iPhone, our bookkeepers extract all t
he data and you get a report in both spreadsheet and PDF format at the end of each month with all your costs listed there. The receipt image (which is accepted by the US, UK and most western tax authorities as proof of purchase) is stored forever online for whatever purpose you may need;
- Expense reconciliation
- Financial analysis
- Tax calculations
- Accounting
- Product returns
- Warranty / insurance claims
If you don’t have an iPhone (note an Android version will be available later in the year) you can:
1. Email in receipts and invoices.
2. Upload them via the website.
3. Copy them in to a Dropbox folder from which the ExpenseMagic software will upload them for processing. To enable you to trial the service there is a 1-month FREE trial and unlike many other Apps, ExpenseMagic’s free trial is genuinely free. No payment details are taken during the trial period and hence there is no commitment and nothing is debited from your bank or credit card at the end of it. Thereafter, it's £9.99 per month for the service - less than the price of a coffee per week. If you'd like to know more, please email or call us; our contact details are on this page or can be found on our website www.expensemagic.com. Or simply download the FREE App from the App Store and start uploading receipts immediately. Features:
• Upload a receipt in under 10 seconds
• Trained bookkeepers extract your receipt details by hand
• Expense reports & spreadsheets emailed monthly
• Create your own custom reports anytime
• Create customisable tags and assign expenses to projects, customers, suppliers, payment types or other categories
• Connect to Dropbox, Evernote, Xero and FreeAgent
• Add notes and assign expense types to individual receipts
• Attribute calendar events to specific expenses
• Calculate and record mileage expenses
• Automatic conversion of international expenses and bills in to your home currency
Press:
★ Fast Company - “Capture receipts & turn them into usable expense reports”
★ FT Financial Advisor - “ExpenseMagic will do away with receipts”
★ Shortlist - “A lot cheaper than an accountant”
★ Stylist - “Take the fuss away from claiming back expenses”
★ The Scotsman - “A simple way to capture receipts”
★ Pocket Lint - “ExpenseMagic turns a boring process into a simple one”
Testimonial:
“I Installed ExpenseMagic and uploaded my week's expenses in 5 minutes last night. Woke up with a loaded expenses spreadsheet. No more weekends with the kitchen table covered in receipts. This app has just bought me days of time each year. Genius!" - App review from JTRW, Financial Consultant