- Put them in an envelope for another day. LEAN practitioners would recognise the inefficiencies of this "batch & queue" system, and it's going to be painful when you finally get around to it.
- Leave them for your account to sift through when he prepares your accounts. Convenient for you, but time-consuming for him and he'll charge you for the privilege.
- Enter them in a spreadsheet. It sounds fine, but building-in cost analysis can be difficult and leaving it out often makes life difficult preparing VAT Returns and year end accounts.
- Use a poorly designed "Corporate Finance Systems". They do exist and it's even worse over a VPN connection, but employees have little choice unless of course you're the CEO.
- Fill out a Personal Expense Voucher by hand. And, yes, it still happens ... I'll say no more.
- If you are self-sufficient, use an online expenses database and enter your receipts each day. Its good LEAN practice and you'll never be faced with a mountain of receipts to process ever again. We use our WebOffice which has an expenses feature built-in, aligned to our purchase ledger.
- If you just hate entering receipts then get a Virtual PA to process your expenses for you, preferably using an online tool so you too have web access when you need it, but if you're paying then it's your prerogative to choose whichever of the five methods above you prefer.
For more ways to help you save time, money and hassle Search This Blog or visit www.office-lifeline.co.uk