The Receipt Bank Blog

News, advice and tips from the world of cloud accounting

Does the Australian Taxation Office accept scanned receipts? Yes!

At Receipt Bank, we’re often asked whether taxation authorities around the globe accept scanned receipts, invoices and vouchers as proof of transaction. Increasingly this is the case, so going digital is a viable option!

We previously highlighted the HMRC (UK) view on the subject, the Irish Revenue's take on things and now the time has come to see what the Australian Tax Organisation has to say on the matter.

"We accept a wide range of documents as written records of your claim, for example paper or electronic copies of documents, such as invoices, receipts or delivery notes statements from financial institutions, such as credit card statements BPAY® receipt numbers PAYG payment summaries warranty documents."

If you'd like to look over the exact text, please follow the link to this ATO document.

Receipt Bank - your items digitized and easy to find!

Digital receipts, invoices and vouchers are kept on our secure servers for at least the required 6 years. You can retrieve these images whenever you like: 24 hours a day, 7 days a week! Exporting your items as PDF and spreadsheet downloads is easily done, so you can view offline and print if necessary.

Digitally storing your receipts makes it significantly quicker to locate them with our sophisticated online search functionality – no need to spend time trawling through the original documentation. We've even had reports that tax inspections of digital records can be done inside half an hour.

If you have any questions about how this works – please get in touch and we’ll guide you through the process!