QBO is a great way to import bank and credit card transactions so that you can have them easily reconciled with your receipts. Since you must keep your receipts for any expenses you may incur, using an application to store your receipts is a quick and easy way to track your expenses. Electronic copies save you time, money, and sanity. By digitally organizing your receipts, these apps categorize your receipts as well as statements and invoices, and then publish the correct amounts to the accounting software such as QBO which makes bookkeeping and accounting much easier. You can always download your statements, invoices, and receipts if you need a physical copy. This is also acceptable by the Canada Revenue Agency (CRA). You can always reach out to one of our bookkeeping experts if you have any questions.