Automatic Centralized Receipts

by phil on Sunday Apr 27, 2003 1:11 PM
product ideas

I wish that after purchases I could just swipe a card that would then transfer my receipts automatically to some database. Then, at the end of the year, these transactions would automatically be factored into my taxes and properly categorized. This would eliminate the waste of paper. Eliminate the waste of me having to store these pieces of paper. Eliminate the loss of deductibles that occur when you lose receipts. And it would save the IRS and us a lot of money and stress from having to put up with auditors.