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 are described in 1 sentence.
Relevant accounts are debited and credited.
Relevant account balances are updated.
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