Using the Receipt Vault
Scanning Receipts
From the Tools page, open Receipt Vault and tap "Scan Receipt." You can take a photo or choose from your gallery. The system uses OCR (Optical Character Recognition) to automatically extract the merchant name, amount, date, and other key details.
Categorization & T776 Lines
After OCR extraction, the system suggests the best matching CRA T776 line number category (e.g., repairs → Line 8960, insurance → Line 8690). You can accept the suggestion or change it manually. Once categorized correctly, your expenses map directly to the T776 form at tax time.
6-Year Secure Storage
The CRA requires you to keep tax records for at least 6 years. Receipt Vault stores all your receipts securely well beyond that requirement. Paper receipts fade and get lost, but digital storage ensures you always have proof during an audit.
Search & Filter
Search receipts by date range, T776 line number, amount range, or keywords. During tax season, you can quickly export a summary of all receipts for a given year.
Tip: Build the habit of scanning right away. Every time you pay a rental expense, photograph and upload it immediately. Free accounts can scan 10 receipts per month; Pro accounts have no limit.
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This tool provides legal information assistance and does not constitute legal advice. For professional advice, consult a licensed lawyer, paralegal, or accountant.