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Sage has released a free expense management application with optical character recognition that can extract information on receipts and map it to relevant tax return categories in HandiTax.
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Sage launches expense management app
23 March 2015
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Sage HandiSoft has announced Sage Point&Claim as an integrated solution with HandiTax to streamline the processing of tax-deductible expense claims.
According to Sage, when users photograph a receipt the app instantly extracts all data to categorise and create ATO-compliant records.
It confirms receipt data, adds warranty details and imports the information to HandiTax. A web portal extends Sage Point&Claim functionality to the desktop, where users can view all saved receipts and data is exported directly to a nominated accountant.
Alan Osrin, managing director of Sage Software Australia, said the new application provides automation and streamlines processes for users.
“It is time to say goodbye to manual bookkeeping and inputting data on spreadsheets. Sage believes in enabling lives with mobile technology,” said Mr Osrin.
“We recently launched Client Portal, an integrated document management portal, and continue to improve the user experience of Sage Point&Claim.
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"Anecdotal evidence from clients who have used the app reveals processing costs have decreased and compliance has increased, which indicates that Point&Claim delivers real value to its users,” Mr Osrin added.
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