10 Best Expense Receipt App In 2022

If you are in business then you know how difficult it is to manage  and track receipts in paper format.  Thankfully, this digitalization and access through mobile applications have made it easy for all to track expenses and keep records of every possible transaction.

Receipts keep on pouring in the form of invoices & bills over emails, courier and when making payments. Expense receipt app scans receipts and categorizes those expenses under heads and generates useful reports so that you know where your money is going. 

In short, the expense receipt app helps you stay organized and keep control of your expenses and help in budgeting. The expense receipt app is useful both for personal and small business use.  

I have listed the best expense receipt app that will keep you on top of your personal finances, managing taxes, travel and also for your business purpose. 

Best Expense Receipt App For 2022

#1. Smart Receipts Expense Receipt App

With the Smart Receipt App, you can use your phone as a receipt scanner, mileage tracker, and expense report generator. 

Smart Receipts generate both PDF and CSV reports for your expense receipt which can then be shared on your email accounts.

The app allows you to select from over 20 different default data types like dates, price, tax, receipt categories, payment methods, and others. This helps you generate the perfect report, saving you hours of manual labor.

Smart Receipts integrates automatic backup support via Google Drive for all your receipts. The basic version is free. The paid app with 10 scans cost $0.99 per month and 50 scan facilities at $4.99 per month. The pro version comes at $9.99 per month. 

Pros of Smart Receipts Expense Receipt App

• 20 different default data types
• Backup support via Google Drive
• High 4+ store ratings

Cons of Smart Receipts Expense Receipt App

• $9.99 pricing for the pro version 

Best for – Individual and small business use 

#2. Abukai Expenses Receipt App 

ABUKAI’s Expense Receipt App eliminates all the time-consuming work associated with creating expense reports and business expenses. The app is the best solution for small businesses. 

After your scan the receipt you can get the finished expense report with cost categorization, date, vendor and all the other information already filled in.

Abukai App automatically types data from receipts, categorizes expenses and looks up exchange rates. The app is free to download however, you need to pay $99.99 for the full version. 

Pros of Abukai Expenses Receipt App

• Auto report generation 
• Exchange rate lookup
• Low memory size of 12 MB

Cons of Abukai Expenses Receipt App

• $99.99 price for full version

Best for – Small businesses

Best Receipt App for Personal Expense Tracking

#3. Expensify Expense Receipt App

Launched by Expensify Inc., the app is for automated expense management. The Expensify app can be used for both personal and small business use. 

The app has an integrated smart scan that automatically reads and imports receipt details that you receive over emails and SMS. So that you don’t have to worry about missing any receipts. 

Later the receipt can be categorized, tagged and grouped into expense heads and later presented in the form of expense reports. 

The app has an automatic credit card import function to track and manage expenses. You can even automatically submit business expenses for approval and reimbursement using the Expensify app.

The app is free to download but there is a monthly subscription fee of $4.99 for the paid version. 

Pros of Expensify Expense Receipt App

• 4+ ratings on both the stores
• Useful for both personal and business use
• Submit business expenses for approval function

Cons of Expensify Expense Receipt App

• Compatible with higher 11 iOS versions

Best for – An all-around expense receipt management app

Best Receipt App for Business Expense Tracking

#4. Receipts by Wave App for Business Expense Tracking

Wave Receipts app eliminates the hassle of manual expense tracking with the scan receipt tool in the app. The app lets you scan up to 10 receipts at once to save time.  The app syncs with your Waves account thus making it possible for mobile invoicing. 

The tool synchronizes instantly with Wave’s full suite of cloud accounting, receipt scanning and invoice software saving tons of time for your business.

Wave receipts even work offline and then later syncs the data. 

Pros of Receipts by Wave Apps

• App syncs with Wave cloud accounting & invoicing tool
• Scan up to 10 receipts at once
• Offline scanning

Cons of Receipts by Wave Apps

• Negative reviews of long processing & update time

Best for – Freelancers and small business owners

#5. Zoho Receipt App for Business Expense Tracking

Zoho expense receipt app makes expense processing on the go for businesses. The app flawlessly turns your receipts into expenses details, enabling you to save time and do more.

Zoho receipt app automatically compares dates, currencies and amounts of all expense entries, and lets you know of any possible duplicate.

The app works with e-receipts also and is free to download. But Zoho has a standard, premium and monthly subscription plan in six categories with a fee ranging from $11.49 to $299.99. 

Pros of Zoho Receipt App

• Compatible with Apple watch
• Six monthly plans to choose

Cons of Zoho Receipt App

• 194.1 MB high memory size

Best for – Freelancers, Small to medium businesses

#6. Receipt Bank App for Business Expense Tracking

Receipt Bank is a remote app for accountants, bookkeepers and small business owners with instant receipt capture and foreign currency support.  

The Receipt Bank app can be integrated with your accounting software like Xero, Bill.com, Sage Accounting and QuickBooks Online. This will automate your bookkeeping and tracking budget simultaneously. 

The other integrations possible are with Paypal, Dropbox, Freeagent and Gusto for payments and other business processes.  

Receipt  Bank app saves all your data securely backed on the cloud. 

The app is free to download but the pro version comes in business and premium plans. The price of which starts from $12.99 per month for the business plan and $49.99 per month for the premium plan.

Pros of Receipt Bank App

• Integrations with software like Bill.com & Paypal
• Six plans to select from
• High 4+ ratings on the stores

Cons of Receipt Bank App

• Reviews of slow support

Best for – Self-employed, freelancer or small business

Best Receipt and Expense Tracking App

#7. Shoeboxed Receipt and Expense Tracking App

Shoeboxed Receipt helps your track receipts, mileage and business cards without the pain and time wastage of manual data-entry. The app easily extracts the key data from the images and organizes them into meaningful reports.

The best part is that the Shoeboxed Receipt app is that it can export expenses details to QuickBooks, Wave Accounting, Excel, Outright and Xero so that it can be accounted for properly.

The digital images are captured in a way that are audit-ready by IRS US and Canada Revenue Services. The app is free to download but the company offers five subscription plans (starter, lite, pro, premium and others) starting from $4.99 to $19.99. 

Pros of Shoeboxed Receipt and Expense Tracking App

• Integration with software like Wave Accounting, Excel, Outright
• Low memory size on smartphones

Cons of Shoeboxed Receipt and Expense Tracking App

• Very low Google Play Store ratings

Best for – Individual and small business use

#8. Receipt Lens Receipt and Expense Tracking App

Receipt Lens app helps you track your expenses using receipt scanned and storing details in various folders. The app also allows you to add your expenses manually in case you do not have the receipts.

Later the app allows you to share the expense folders with friends, family, roommates or coworkers to track co-expenses.

Receipt Lens app comes with  eight subscription plans with prices ranging from $9.99 per month to $99.99 per month for professional plans.

Pros of Receipt Lens Receipt and Expense Tracking App

• Folder sharing for co-expenses tracking
• Low memory space size  
• Eight subscription plans

Cons of Receipt Lens Receipt and Expense Tracking App

• 95% categorization accuracy rate

Best for – Personal use

#9. Rydoo Receipt and Expense Tracking App

Rydoo Receipt and travel expense management app was designed specifically for the U.K. users but over time the app is used by 500K+ professionals across 60 countries. 

Rydoo app captures and digitizes your travel-related expense receipts in pictures so that you are worry-free of losing a receipt again.

The app prepares the reports and submits expenses automatically. Rydoo can be connected with Uber and Lyft for direct receipt feed. 

Rydoo also helps in booking corporate travel, arrange hotel reservations, include breakfast and even choose your seats.

Pros of Rydoo Receipt and Expense Tracking App

• Dedicated travel expense receipt app
• Submits expenses automatically
• Can be used to book tickets and manage travel reservations

Cons of Rydoo Receipt and Expense Tracking App

• Designed for UK businesses
• High memory size
• Low store ratings below 4

Best for – For travel-related expenses 

#10. Foreceipt Receipt and Expense Tracking App

The Foreceipt app is for receipt scanning, expense report that helps you keep track of your monthly expenses and budgets.

The app also monitors finances by capturing bank transactions for expense tracking, categorization and reporting. 

The Foreceipt app has an integrated monthly budget planner to help you manage income, cash-flows and bank balances. The app is cloud-based and supports multiple currencies.

You have the ability to scan offline and then get the data synced later. The subscription costs $3.99 per month or $38.99 annually.

Pros of Foreceipt Receipt and Expense Tracking App

• Integrates bank transactions
• Offline receipt capturing and sync later
• Can be used as a monthly budget planner 

Cons of Foreceipt Receipt and Expense Tracking App

• Few reviews of inaccurate categorization

Best for – Personal budget and expense tracking 

Tips to Choose Best Expense Receipt App

#1. Check the Store Ratings & User Reviews

The store ratings reveal a lot about the app’s popularity and the usage in comparison to the other app. A higher ranked app is more likely to be more user friendly, intuitive and thus has a higher number of ratings.

The user reviews are helpful to know the strength and the weaknesses of a particular app. This will help you pick the right expense receipt app.

#2. Compatibility & Size on Your Smartphone

Most of the expense receipt tracking apps are compatible with both the Android and iOS software. 

You need to pick the expense app based on the smartphone you are using.

#3. Pricing

The expense receipt apps are free to download but the free versions have limited features or are available only for a 7 to 14 day trial period. 

The monthly plans start at around $3 for personal use to $299 for business use. You need to check the monthly pricing before you pick the app.

#4. Integration With Other Software

For personal use, you may not require any sort of integrations but if you are running a small business then it will be useful if the app connects other software.

Expense receipts integrate with accounting software like Xero, Bill.com, Sage Accounting, QuickBooks Online and others. The app can also work with Paypal, Dropbox and Freeagent.

Selecting an app that integrates well with other software that you are already using can be a huge plus.

Final Words 

You have the list of  the best expense receipt apps that are helpful in streamlining your finances and managing budget and business expenses. 

If you are looking for an all-round app then you can pick Expensify Receipt App which can handle both your personal and business receipt tracking. It has 4+ ratings, low memory size requirements and decent $4.99 monthly subscription fees.