Thursday, October 29, 2009

App of the Week: Make Quick Work of That Pile of Receipts By ROY FURCHGOTT

October 29, 2009
App of the Week: Make Quick Work of That Pile of Receipts By ROY FURCHGOTT

One of the many barriers to keeping good financial records — and staying on a budget — is keeping track of all those receipts. Credit card payments and bank statements can be downloaded into a ledger program like Quicken, but cash receipts must be tediously entered by hand.

Apps like Quicken Online Mobile make it more convenient to type in receipts on the spot, but better still is an app called Shoeboxed, which types the data for you.

Take a photo of a receipt with your iPhone camera and Shoeboxed converts it into a data file and saves it to Shoeboxed.com. From the Web site, download the receipt straight to your ledger program.

In a test, Shoebox converted items like a crumpled receipt or a colorful movie ticket stub.

While the app is free, the service is not (although there is free trial). The minimum $9.95 monthly membership allows for unlimited uploaded or e-mailed receipts that you scan yourself. Shoeboxed will also scan 50 receipts or business cards for you if you mail them in. ROY FURCHGOTT
App of the Week - Shoeboxed Makes Quick Work of Receipts - NYTimes.com (30 October 2009)
http://www.nytimes.com/2009/10/29/technology/personaltech/29app.html?%2334;App%20of%20the%20Week=&sq=&st=cse&%2334;=&scp=2&pagewanted=print
http://snipurl.com/sy3fx

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