Shoeboxed is a popular online digital system for receipt and slip management and storage. It transforms paper purchasing documents into an electronic, editable format applying OCR technology with the help of trained operators who double check the information gathered.
Shoeboxed is very popular among independent workers, accountants, contractors and small start-ups. Scanned receipts are used to create expense reports and will ensure you are audit ready for your tax or compliance needs. Scanned business cards also allow you to create a searchable online contact database.
It is available as a web application and on iOS or Android. It comes with prepaid Magic Envelopes, which enable you to mail receipts and related documents for scanning without the need of a scanner at home or office.
Shoeboxed Pricing
There are different Shoebox plans you can opt for, and the price depends on which one you select. The solution comes with a DIY free service offers, as well as paid tiers:
- DIY: Free (basic self-managed upload)
- Lite: $15/month
- Classic: $39/month
- Business: $69/month
- Executive: $125/month
Depending on your plan and location, a free 30-day trial may be available.
Remember If you compare Shoeboxed vs top small business accounting software shoebxoed is not a full ledger system. Its functionality is most useful when integrated with online accounting software, such as QuickBooks or Xero.
Who uses Shoeboxed software ?
Shoeboxed is commonly used by:
- Bookkeepers
- Business owners
- Teams of any size
- Independent contractors
- Real estate agents
- Truck owner-operators
- Freelancers
- Accountants and tax preparers
It’s also helpful if you are running multiple entities and want a cleaner way of storing receipts per business. That’s a big deal if you run accounting software for several businesses and desire trails of receipts.
Shoeboxed Integrations
Shoeboxed integrates with many apps such as :
These integrations allow you to combine Shoeboxed with bookkeeping software program plans, eliminating double entry.
If you already use accounting software for small business, Shoeboxed enhances the documentation side of your bookkeeping by linking receipts to transactions and streamlining month-end reporting.
How does Shoeboxed work ?
Shoeboxed operates by converting receipts and documents into searchable digital data.
- Simply take photos of your receipts using the shoeboxed app
- You snap a picture of a receipt and it’s uploaded.
- Import receipts from email
- Synchronize your Gmail or forward e-receipts so Shoeboxed can automatically import them.
- Send paper cash receipts in Magic Envelopes
To scan, you pop receipts or documents or business cards into a prepaid envelope and send them off to be scanned.
Data Extraction
Shoeboxed uses OCR to extract vendor, date, total amount and payment method and then proofreads it.
Store and organize
All of your shoeboxed receipts show up in your dashboard and you can sort, filter, and categorize them.
Export expense reports
You create a project expenses report that includes the image of receipts for bookkeeping and tax purposes.This works great for those looking for a simple accounting software and needs some better receipt organization.
Choose Shoeboxed for Receipt Scanning and Tax Organization
Shoeboxed might be right for you if you want to:
- Manage stacks of paper receipts
- Minimize the amount of human data entry in your business accounting software
- Monitor expenses and hoping for consistent category names
- Submit recipts (app, email, mail)
It’s particularly useful if you’re looking for more receipt control but don’t want to transfer your entire accounting software for small business.