So EOFY is looming, and you’re starting to realise that maybe you haven’t been as diligent as you could have been with your receipts and invoices. While we can’t help you with that shoe box of scraps that you’ll be sorting through, we can help to make next year, or next quarter a lot easier to manage.

If you’re already using Moneytree, you’ll know that it’s the simple way to get a snapshot of your finances in one place. But Moneytree Work Expenses takes your financial management to the next level. If you’re working for yourself, a freelancer or contractor, or just claiming expenses related to your income, you’ll be happy to hear that life just got easier.

Moneytree Work Expenses offers you a range of functions including automatic categorisation of transactions, cloud receipt storage, and export of expense claims generated by the app. The app also integrates easily with third-party financial service providers. The SME tool also provides full data portability, so you can export any and all of your data to Excel or CSV.

If you’re not already claiming expenses related to your work, it’s a good idea to have a chat with your accountant to see whether this is something you could be doing. For example, you can look at claiming for tools and equipment that you use to help earn your income, or for some work-related study.

As a small business owner, you probably know that record keeping is really important: it’s actually a legal requirement. Here’s more on it from the ATO.

Getting started with Moneytree Work Expenses is simple: It’s a paid upgrade for Moneytree’s free personal finance app. The app is available for Android, iOS, and web. The expenses feature is priced at AUD$6.49 per month and has a 10% discount for annual subscribers. We’ve got a free trial,too, so that you can make sure it’s a good match for you and your business.

Want a simple way to get on top of your expenses? It’s easier with Moneytree.

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Author: Moneytree Team

Giving you the skinny on spending, saving, and everything in between. We're sharing our favourite tips, trips, tools, and insights, to help you get more out of your money.