08/31/2026
Short answer: YES.
Even if the charge shows up on your credit card statement, that's not the same as having the receipt on file.
Here's why receipts matter:
They show what was purchased, not just where
They separate business expenses from personal ones
They support deductions and reimbursements
They back you up if a purchase is ever questioned
Quick tip: skip the shoebox. Snap a photo or use an app to store digital copies; future you (and your bookkeeper) will thank you.
Staying organized now = less stress later.
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