One of the biggest problems with keeping receipts is that they fade, get lost or are difficult to store, and even if you can manage to retain the receipts, summarising them can be extremely time consuming if you don't have a bookkeeper.
The Sage Point & Claim app overcomes these issues by storing an image of the receipt and summarising the data (vendor name, ABN, date, amount spent, GST and even category). Then you sync your phone with your online account so all the information and the images of receipts are uploaded to a cloud server.
I highly recommend this app and I believe all our clients should start using it if they are not using another bookkeeping & receipt storing system.
Other ways we recommend to keep receipts is to group them together on a regular basis and scan & save them onto a portable hard drive. You can also take a photo of your receipts and save them as a PDF file using another phone app that I recommend, called "DocScan".
DocScan allows you to convert photos to PDF format, with multiple pages which you can then email to anyone from your phone. I find this a really helpful app when I don't have access to a scanner.
Watch this short video for the Point & Claim app to see how it works.