ReceiptIQ — AI Expense Intelligence | RentAdminly

ReceiptIQ uses GPT-4 vision to extract vendor, amount, date, and expense category from any receipt photo in under three seconds. It auto-tags expenses for IRS Schedule E, and now includes recurring expense automation — set up mortgage, HOA, insurance, and utility payments once and they auto-generate every cycle.

Scan receipts. Automate recurring costs. Done.

ReceiptIQ uses GPT-4 vision to extract vendor, amount, date, and expense category from any receipt photo in under three seconds. It auto-tags expenses for IRS Schedule E, and now includes recurring expense automation — set up mortgage, HOA, insurance, and utility payments once and they auto-generate every cycle.

Key Features

• 3-Second Extraction: Point your camera at any paper or digital receipt and get a fully populated expense record instantly.
• GPT-4 Vision: State-of-the-art AI that reads handwritten, faded, and crumpled receipts with high accuracy.
• Recurring Expense Automation: Set up mortgage, HOA, insurance, or any repeating cost — choose weekly, monthly, quarterly, or annually. Expenses auto-generate on schedule.
• Auto-Categorization: Every expense is tagged to the correct IRS Schedule E category — Repairs, Utilities, Insurance, and more.
• Multi-Property Tagging: Assign each receipt to the correct property and unit at the time of scanning.
• Export Ready: Download a clean CSV of all receipts any time — ready for your accountant or tax software.

How It Works

1. Step 1: Open the scanner — Tap the camera icon in the Expenses section of your RentAdminly dashboard.
2. Step 2: Snap the receipt — Upload a photo or take one live. Any angle, any lighting — the AI handles it.
3. Step 3: Review & confirm — ReceiptIQ shows you the extracted data. Make any edits and hit Save.
4. Step 4: Filed automatically — The expense is saved, categorized, and ready for your year-end report.

Frequently Asked Questions

Does it work with digital receipts?

Yes. You can upload a screenshot or PDF of any digital receipt and ReceiptIQ will extract the data the same way.

What categories does it support?

All IRS Schedule E categories: Advertising, Auto & Travel, Cleaning, Commissions, Insurance, Legal, Management Fees, Mortgage Interest, Repairs, Supplies, Taxes, Utilities, and Other.

What if the AI gets something wrong?

Every extraction is shown to you for review before saving. You can correct any field with a single tap.

Is my receipt data stored securely?

Yes. All receipt images and extracted data are encrypted at rest and never shared or used for AI training.

https://rentadminly.com/platform/receiptiq