Instant Receipts – receipt scanning and BAS prep for Australian sole traders

(instantreceipts.com.au)

2 points | by talhaq 11 hours ago ago

2 comments

  • talhaq 11 hours ago ago

    I built Instant Receipts for Australian sole traders who spend too much time on receipts and BAS prep at tax time.

    Scan a receipt with your phone and it reads the GST, amount, date and merchant automatically. Connect your bank account or upload a statement and it matches transactions to your receipts. At BAS time it shows you the ATO labels (G1, 1A, 1B) ready to lodge.

    It also handles invoicing — create a tax invoice with your ABN and GST per line, download as PDF, Word or Excel.

    Also built a set of free calculators alongside it: GST, BAS, sole trader income tax, mileage (ATO cents per km), work from home, and an invoice generator — all free with no signup at instantreceipts.com.au/tools.

    Happy to answer questions about how Australian GST and BAS works if that's useful context.

    • anenefan 9 hours ago ago

      Interesting ... as much as I wouldn't trust my data with online AI - I'll give your project credit for addressing both mobile and desktop in application - while noting your site is robust - meaning the introduction page works with my old browser - so many show hn projects do not.

      Using AI I see some short comings and I wondered how you've engineered a solution to deal with certain issues.

      a) docket isn't the clearest ... the printer is blurring a small section x characters from the left or right that obscures the full transaction or receipt number.

      b) docket has not included a proper description and abbreviation used isn't the clearest. Worse it's a fuel docket and the muppets who set up the store register decided to save ink by not printing the litres and or cost per litre.

      c) setting a percentage of private use for certain items. Things like power are easy, but one off purchases differ greatly depending on their use.

      d) correlation issues with the bank statements of the company name on bank statement verse real world name, which the bank unfortunately uses both - possibly depending on what atm or eftpos was used in store.

      With (d) this would be most likely overcome as the data set of a number of customers grew.