Shoeboxed now automatically categorizes your receipts

Trying to figure out where to tighten your belt during the financial crisis? You might want to take a look at Shoeboxed. It's an online service that helps you keep financial records by recording receipts that you mail, email or upload. The latest big feature addition is automatic receipt sorting, which comes in handy when you need to know where your money is going.

Anything you send to Shoeboxed is now labeled with the common tax category it belongs to: food, clothes or electronics, for example. You can even add your own custom categories, but you'll have to apply those yourself. When you need to tinker with your Shoeboxed data even more, it can be exported to Excel or Quicken. If tax season always sneaks up on you, Shoeboxed could be the help you need to make sure your records are all in order.

[via CNET News]

Tags: finances, receipts, Shoeboxed, tax