Free expense tracker & receipt scanner for Australian small businesses to save money on bookkeeping costs
Instabooks AI powered software automatically categorises expenses and posts them in your accounting journal and ledger. View your business spending and profitability ratios on the go without using spreadsheets or shoeboxes of receipts.
Recording expenses and tracking expenses, using QuickBooks, Xero, Myob, Wave & Sage
❶ Weekdays, doing what you like.
❷ Weekends, doing what you don’t like.
❸ Month-end, paying for what you don’t like.
❹ Year-end, paying even more for what you don’t like.
Recording expenses and tracking expenses, using Instabooks
❶ Saving $7K on bookkeeping & earning $10K extra income.
❷ Skipping the tax time.
Streamline expenses tracking to save money and time
Instabooks automates the expenses tracking process. Instabooks enables you to record expense related transactions in real time using simple voice commands. No accounting knowledge is needed.
Transactions
Transactions are described in 1 sentence.
Journal
Relevant accounts are debited and credited.
Ledger
Relevant account balances are updated.
Receipts
Receipts & reports are auto saved.
Expense recording and tracking best practices using Instabooks
Here are 6 simple and effective expense recording and tracking best practices for small businesses
Keep track of your business expenses
Simply describe your business spendings in one sentence and let Instabooks AI powered software automatically categorise them in expense related accounts accurately. This will save you on external bookkeeping costs. No need to wait for your bookkeeper or bank statements to arrive, Instabooks will update you about your expenses and cash position on a daily basis.
Keep track of your project expenses
Instabooks projects are simple to set up. Instabooks makes it easy to allocate expenses accurately to each project. Track and monitor project expenses and budgets on a daily basis to keep cash flow and profit margins healthy.
Invoice clients accurately
With Instabooks it’s easier than ever to record and allocate expenses to client projects and invoice them accordingly to get paid on time.
Save money on bookkeeping and tax preparation
Using voice for journal entry makes the process 3 times faster and using AI for account categorisation saves bookkeeping costs paid to external bookkeepers. Instabooks fully automates transaction reconciliations so stop worrying about forgotten expense descriptions
Tax time relief
In addition to saving time and money because of voice enabled journal entry, AI powered account categorisations & reconciliations, the main convenience of Instabooks is giving you and your accountant peace of mind during the tax time. Prior to tax time you have completed your books in bite size daily entries, that’s a relief.
Maximize tax return
Say goodbye to missing receipts and shoeboxes of receipts. As you voice recorded your expense related transaction in Instabooks journal, simply snap a picture of receipts and have a record for future references to maximise your tax return.
Easy expense tracking with Instabooks online expense tracking software
Here are 5 features of Instabooks online expense recording and tracking software
Cost saving expense recording and tracking software
When you use Xero, QuickBooks or Sage expense tracker, most of your expense related transactions are recorded by outsourced bookkeepers that costs you about $7,000 per year. Instabooks online expense recording and tracking software will automate manual expense recording and tracking and save you $7,000.
Time saving expense recording and tracking software
Business owners that use Wave accounting and FreshBooks expense tracker, are still required to manage some expense recording and tracking tasks themselves at weekends that take 4 hours weekly. Instabooks online expense recording and tracking software will reduce that to only 4 minutes per week.
The most productive expense recording and tracking software
The weekly 4 hours (200 hrs / year) of manual expense recording and tracking with Reckon, FreeAgent and Odoo equals $10,000 of missed income. Instabooks online expense recording and tracking software will give $10,000 back to you.
The fastest expense recording and tracking software
Recording and tracking only one expense transaction with Bill.com, Myob and Zoho expense tracker takes about 4 minutes in comparison with Instabooks that takes only 4 seconds.
The most accurate expense recording and tracking software
BQE Core and ZipBooks softwares are only 50%-80% accurate in recording and categorising expense transactions in comparison with Instabooks AI powered expense recording and tracking software that uses algorithms that are 100% accurate.
- Cost saving
- Time saving
- Productivity
- Speed
- Accuracy
Cost saving expense recording and tracking software
When you use Xero, QuickBooks or Sage expense tracker, most of your expense related transactions are recorded by outsourced bookkeepers that costs you about $7,000 per year. Instabooks online expense recording and tracking software will automate manual expense recording and tracking and save you $7,000.
Time saving expense recording and tracking software
Business owners that use Wave accounting and FreshBooks expense tracker, are still required to manage some expense recording and tracking tasks themselves at weekends that take 4 hours weekly. Instabooks online expense recording and tracking software will reduce that to only 4 minutes per week.
The most productive expense recording and tracking software
The weekly 4 hours (200 hrs / year) of manual expense recording and tracking with Reckon, FreeAgent and Odoo equals $10,000 of missed income. Instabooks online expense recording and tracking software will give $10,000 back to you.
The fastest expense recording and tracking software
Recording and tracking only one expense transaction with Bill.com, Myob and Zoho expense tracker takes about 4 minutes in comparison with Instabooks that takes only 4 seconds.
The most accurate expense recording and tracking software
BQE Core and ZipBooks softwares are only 50%-80% accurate in recording and categorising expense transactions in comparison with Instabooks AI powered expense recording and tracking software that uses algorithms that are 100% accurate.
Testimonials
Leo
New business owner
Expense Tracker
Instabooks AI powered software automatically categorises expenses and posts them in your accounting journal and ledger.
Jim
Sole proprietor
Expense Tracker
Instabooks AI powered software automatically categorises expenses and posts them in your accounting journal and ledger.
Brad
Freelancer
Expense Tracker
Instabooks AI powered software automatically categorises expenses and posts them in your accounting journal and ledger.
Emilia
Self employed professional
Expense Tracker
Instabooks AI powered software automatically categorises expenses and posts them in your accounting journal and ledger.
Choose the plan that fits your business
Launch
Perfect for freelancers and start-ups
Growth
Great for sole traders and sole proprietors
Success
Best for small businesses and contractors
Launch
Perfect for freelancers and start-ups
- Billed Annually
Growth
Great for sole traders and sole proprietors
- Billed Annually
Success
Best for small businesses and contractors
- Billed Annually
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