In the 21 century, e-receipts have become a dominant force in transactions, squeezing out traditional sales strategies with their ease and convenience. They are growing on average 5 times faster than retail sales overall. In that sense, you can say that they are on track to becoming a ‘game changer’ in transactions. However, if we […]
Why Should Business Owners Need To Use Electronic Receipts? Issuing e-receipts is becoming the normal way for many businesses. For the start-up business, it is more convenient and affordable to use to save money and focus on some important business needs. For the existing business, many of them already switch to electronic receipts and get […]
How did the concept of electronic receipts begin? It was in the year 2005 when Apple implemented using e-receipts. It was a collaborative effort between the Apple Store and various companies. The goal was to address the issue of sustainability and since then, more companies, particularly small business owners, have embraced e-receipts. From traditional paper […]
Most of us are fond of keeping receipts, either it is for personal or business reasons. We put on the trash those receipts that are not important to keep for so long. The decision is based on what kind of bills we have paid. For business purposes, it is crucial to know the importance of […]
One of the most crucial reports in a business is the expense report wherein all the information about business expenses must be recorded. This should be done accurately as it can be used for audit purposes to monitor the performance of the company financially and when filing a tax return. Everything is itemized on the […]