Discover Organization Forums

goose · (#1 (**permalink**))

Use an inexpensive 12-month accordian file to quickly and easily organize your monthly receipts and even paid bills. At the end of 12 months discard the oldest bills and receipts. This is a simple solution to that messy paperwork that can really get out of hand.

NetPal · (#2 (**permalink**))

As suggested by you, it is very important to keep the recent documents. So that is why the file will keep for 12 months only, which means less paper.

randle · (#3 (**permalink**))

I want to know why people keep their reciepts? is it for tax purposes or is it just to keep record of money spent?

reddit · (#4 (**permalink**))

mainly for taxes. incase of an audit.

hotmail · (#5 (**permalink**))

once would assume you would only need them incase of an audit.

busybeehelpers · (#6 (**permalink**))

I don't keep all receipts but I have to keep my business receipts and ones for items that I might need to return.

xeric · (#7 (**permalink**))

i dont know but i do think that we dont need receipt that are been paid. just finish is finished. i never keep records of paid like a souvenir.

Ashley · (#8 (**permalink**))

Quote:

Originally Posted by randle

I want to know why people keep their reciepts? is it for tax purposes or is it just to keep record of money spent?

people should keep their receipts organized both for tax purpose and for keep record of money spent.

silverstreak · (#9 (**permalink**))

In Canada, we have to pay a tax called the GST. It is a national 6% tax that was implemented years ago to bring down the deficit. It was originally 7% but was brought down to 6% by the government in office now. So I have to prepare the GST tax credit or rebate quarterly. This helps me to keep my receipts in order quarterly for when income tax time comes.