Are the e-receipts IRS approved invoice replacements?
We have been audited many times I am just curious if the IRS will accept the e-receipts as if they were the originals?
Answers
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Jason Li Expensify Success Coach - Admin, Expensify Team, Expensify Student Ambassador Posts: 231 Expensify TeamHi @Celliott642 - great question! Expensify eReceipts do meet IRS requirements per Publication 463. Please feel free to reach out to [email protected] if you require any further assistance!
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Expensify does not create eReceipts for expenses over $75.00. For expenses over $75.00 you would need to upload the actual receipt.
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Sheena Trepanier Expensify Team, Approved! Accountant, Expensify Student Ambassador Posts: 1,364 Expensify Team@alexg the Expensify Card is the only exception and the only time you will see eReceipts for expenses over $75. We still recommend users attach receipt images for all expenses over $75, or for hotel expenses.
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Sheena Trepanier Expensify Team, Approved! Accountant, Expensify Student Ambassador Posts: 1,364 Expensify Team
@alexg - Thanks for the patience, I wanted a chance to discuss this with the team internally so I could be sure to give you accurate information.
When it comes to Expensify Card expenses specifically, we have a lot of behind-the-scenes setup and checks in place to help us determine whether or not an eReceipt can be generated for an expense. If we cannot confidently say that the expense's eReceipt would be guaranteed, then we don't create an eReceipt for it.
If you have eReceipts enabled and we generate an eReceipt for an Expensify Card expense, we are guaranteeing that it will be accepted by the IRS as a digital replacement.
