5 min readTax & Compliance

Expense Tracking for Tax Season: The “One Folder” System That Saves Hours

If tax season makes you panic, your system is the problem — not you. Here’s a simple way to stay ready all year.

The goal

Your accountant should never have to ask: “Where’s the receipt?” Keep everything in one place and categorised monthly.

The One Folder system

  • Capture receipts immediately (phone photo counts)
  • Name files consistently (Date - Supplier - Amount)
  • Categorise monthly (not yearly)
  • Separate business vs personal spending
  • Export reports for your accountant

Common expense categories

Travel & fuel
Software subscriptions
Equipment
Marketing
Office / internet
Meals & entertainment (as applicable)