If you are self-employed and run your own small business, then the only receipts you need to manage are the ones you incur personally. If your business starts to grow and you hire more staff, you’ll also need to start managing their expenses. Expenses you need to manage include either using a company card, expense account or by using their own funds. However, these expenses must be business-related to claim as a deductible expense when tax time rolls around every year.