Efficiently Organizing Receipts from Past Shows | Tips & Tricks

[stefani2]

I am curious how people organize their receipts from past shows?

How long do you keep the receipts for before shredding them?

 

[Mel92504]

I keep the receipts for each show in a folder with the host's name on the label tab. I just started in Sept, so I don't have that many...yet...
I'd love to hear how everyone else does there's to see if there's an better/easier way

 

[jrodeo]

I keep business receipts for 3 years. That's how long the IRS will go back to audit you. (if that hasn't changed)

 

[jrodeo]

Oh, wait. . . you're from Canada. Do you have an IRS? Probably something like it. You should probably google information on how long to keep them for Canada.

 

[pkd09]

I keep them about 30 days then shred them.

 

[stefani2]

Oh, wait. . . you're from Canada. Do you have an IRS? Probably something like it. You should probably google information on how long to keep them for Canada.

Ya - I think we have to keep them for seven years ?????

 

[kcjodih]

Are you talking about guests' receipts or about your receipts for different expenses? I keep all my receipts for expenses since I started 4+ years ago. Figure I'll keep them 5 or so years and then chuck them. If Canada Revenue comes after that I'll say 'oops, didn't know LOL'

As for guest's order forms...I enter them, keep them until they receive their order and then shred them. I have everything in PP and backed up if I need to get them a new receipt. For the first year of my business I filed the o/o forms by month and I had 3/4 of a filing cabinet drawer after one year and thought 'this is nuts!'. So I started shredding and have ever since.

 

[stefani2]

I was talking about the Guest Receipts, Jodi. But I am still the same way - I am keeping most of the Consultant Copy of the receipt - I guess just because I have it- but as I get busier with my business, the receipt piles is drastically getting bigger! I need a solution - or just need to be re-acquainted with my Paper Shredder.....

 

[turtle15]

I am curious how people organize their receipts from past shows?

How long do you keep the receipts for before shredding them?

I was just coming to ask a similar question, so I will tag it on here. Do you print an extra copy of the P3 receipts for your own records, or do you just keep it "in the computer"?

 

[stefani2]

I was just coming to ask a similar question, so I will tag it on here. Do you print an extra copy of the P3 receipts for your own records, or do you just keep it "in the computer"?

I think most are just keeping them in their computer program - but YOU NEED TO DO REGULAR BACK-UPS then.

 

[turtle15]

I think most are just keeping them in their computer program - but YOU NEED TO DO REGULAR BACK-UPS then.

I do! Thanks!