/How-To
How-To 6 min read

How to Track Expenses and Receipts in XIntelliSync

"The ATO requires you to keep receipts for 5 years. Most businesses lose them in 5 days."

The ATO requires you to keep receipts for 5 years. Most businesses lose them in 5 days. XIntelliSync digitises your expense management so every receipt, every transaction, and every GST claim is captured, categorised, and audit-ready.

Capturing Expenses

There are multiple ways to record expenses:

  • Manual entry — add expense details, category, GST status, and attach a receipt
  • Receipt upload — upload a photo or PDF, let AI extract the details
  • Bank feed matching — expenses from connected bank accounts are auto-suggested
  • Bulk import — upload CSV/Excel files for historical expenses

GST Categorisation

Every expense is categorised for GST purposes — GST-inclusive, GST-free, or input-taxed. This categorisation feeds directly into your BAS preparation, so GST input credits are calculated automatically.

Common Questions

How do I capture receipts?

Upload receipt images or PDFs through the Expenses section. XIntelliSync extracts the date, amount, vendor, and GST from the receipt automatically.

How long must I keep receipts in Australia?

The ATO requires businesses to keep records for 5 years from the date of lodgement. XIntelliSync stores your digital receipts permanently as part of your account.

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