I recently invested in quickbooks a couple months ago, but I also just opened my first business account with Relay! Is there any use for me to keep quickbooks? I am a freelance video editor so I don’t have too many expenses
Definitely keep QB as it serves a different function. QB will create financial statements for you that you can use for taxes and for evaluating how your business is doing. It's more about formal accounting and tax prep. They both have receipt capture, but that's really the main overlap. You can't categorize expenses, etc. in Relay. Hope this helps!
@@JamieTrull oh ok! I am not too familiar with quick books and it confuses me with what all I can do with it since I do not have a tax cpa etc. Is there a way to scan business receipts on relay app on phone? I clicked my business card tab, and do not see anything about receipts.
Yep! Here are details: support.relayfi.com/hc/en-us/articles/10239600121748-Prohibited-countries#:~:text=Relay%20accepts%20U.S.%20entities%20with,Albania
