✅ Updated 2026 — pricing verified

Every receipt you lose is a deduction you're not claiming. At a 32.5% marginal tax rate, a $500 receipt you throw away costs you $162.50 in extra tax. Multiply that across a year of lost receipts and you can see why good receipt tracking is worth paying for.

📋 In This Article

  1. →Quick verdict
  2. →Dext reviewed
  3. →Rounded reviewed
  4. →Hubdoc reviewed
  5. →Full comparison
  6. →FAQs

Quick Verdict

Best for most tradies: Dext — the most accurate receipt extraction and best accounting software integration. Worth every cent for tradies with significant business expenses.

Best for sole traders on a budget: Rounded — built for Australian sole traders, includes invoicing and BAS prep alongside receipt tracking for $15/month.

Already on Xero: Hubdoc — included free with Xero subscriptions, handles receipts and bank statements reasonably well.

Dext — Best Overall for Tradies

📸

Dext ⭐ Editor's Pick

Best receipt capture accuracy — integrates with Xero, MYOB and QuickBooks
From $25/month
14-day free trial

Dext (formerly Receipt Bank) is the gold standard for receipt capture. You snap a photo of any receipt with your phone — a fuel receipt, a Bunnings invoice, a supplier docket — and Dext extracts the supplier, amount, date and GST automatically. It then pushes the data straight into Xero or MYOB with the receipt image attached.

Why it's the best for tradies: Accuracy is exceptional. It handles crumpled, faded, and hand-written receipts better than any competitor. You can also forward email receipts and invoices directly to Dext for automatic processing.

  • Smart extraction from photos, emails and PDFs
  • Integrates directly with Xero, MYOB, QuickBooks
  • Categories and GST calculated automatically
  • Supplier rules so recurring purchases are always coded correctly
Try Dext Free for 14 Days →

Rounded — Best for Sole Traders

🟠

Rounded ⭐ Best Value

All-in-one for sole traders — invoicing, expenses, BAS and receipt tracking
From $15/month
30-day free trial

Rounded is built specifically for Australian sole traders. It combines invoicing, expense tracking, receipt capture and BAS preparation in one simple app. The receipt tracking isn't as sophisticated as Dext, but it's good enough for most sole trader tradies — and the all-in-one approach means you're only paying for one subscription.

If you're a sole trader electrician, plumber, carpenter or other tradie who wants one simple tool rather than a stack of apps, Rounded is the pick.

Try Rounded Free for 30 Days →

Full Comparison

AppPriceReceipt CaptureAccounting IntegrationBAS PrepBest For
Dext ⭐ Best From $25/mo ✓ Excellent Xero, MYOB, QBO Via integration Tradies on Xero/MYOB
Rounded From $15/mo ✓ Good Standalone ✓ Built-in Sole traders
Hubdoc Free with Xero ✓ Good Xero only Via Xero Xero users
Google Photos Free ✗ Manual None None Backup only

Does the ATO accept digital receipts?

Yes. The ATO accepts digital copies of receipts as valid records, provided the image is a true and clear representation of the original. Apps like Dext and Rounded produce ATO-compliant records. You don't need to keep paper receipts if you have a good digital copy.

What happens if I lose a receipt?

If you can't produce a receipt, the ATO may disallow the deduction on audit. For claims under $10 no receipt is required. For amounts between $10 and $75 you can sometimes use bank or credit card statements. Above $75 you generally need a proper receipt or tax invoice.

Is receipt tracking software tax deductible?

Yes — subscriptions to business software including Dext, Rounded and Xero are tax deductible business expenses. Claim the full cost on your tax return.