Keeping track of and reconciling your receipts is a tedious yet essential part of financial admin. Your receipts are proof of your business expenses and have an important role to play in helping you understand your financial position, budget and potential tax position. By uploading your receipts to Tyro Accounting, our receipt scanner will automatically extract information such as the date, merchant and dollar amount shown, then use this information to search for a matching transaction from your activity history to reconcile it with. Your receipts will be stored on Tyro Accounting, attached to the right transaction and will be available for you to access whenever you need them. Not only does this save you the headache of keeping a messy bundle of paper yourself but Tyro Accounting can also use these receipts to better categorise your expenses, identify potential tax obligations, forecast your potential tax position and help you budget.