If you’re tired of keeping track of paper receipts for your Swedish business then you’re in luck. The Riksdag has voted through a much anticipated bill that means you don’t need to save paper receipts as long as they’re stored digitally. We take you through the new ruling and how it can help streamline your spend management.
Receipts need to be saved for seven years. If you have a paper receipt stored digitally you need to save it for at least three years from the end of the financial year, but keep the digital copy for a further four years. If you don’t have it uploaded digitally, you need to keep the paper copy for the full seven years. This causes an increase in storage costs, security risks and a lot of unnecessary financial admin.
Earlier this year, the government submitted a bill to remove the requirement to save paper receipts as long as there’s a digital copy. The bill has now been voted through by the Riksdag, and will come into effect on 1 July 2024.
The new law, which applies to both receipts and invoices, means you won’t need to store the physical copy of the receipt as long as it’s uploaded digitally. This applies to old paper receipts or invoices you have in storage too. Under the new law, digitised receipts and invoices need to be saved for at least seven years after the financial year has ended.
According to a calculation that forms the basis of the proposal, companies will save 3.9 billion SEK per year thanks to the new law. Along with this significant saving, businesses can make use of digital solutions and automation to save them valuable time on financial admin and streamline their spend management.
If you need to adjust your expense policy to reflect the new law, check out our advice on how to set up an efficient expense management policy.
The new law gives you a great opportunity to change how you manage your spend. Make it more efficient by taking advantage of automation and digital tools that give you more control, like Juni. Juni is built for modern commerce, offering virtual cards, automated bookkeeping and flexible financing in a platform and app. Here’s how you can streamline your spend management with Juni.
Giving each employee a virtual card is an excellent way to distribute budget ownership, making them responsible for the expenses that go through their card – including their receipts. With Juni, you can create as many virtual cards as you need. Then, set controls to monitor, limit or block spend at card level.
If you need to ease your cash flow, you could access flexible financing for inventory and card spend with Juni Capital*.
We’re launching mobile payments and a new spend management suite that will allow you and your team to make fast payments with your virtual Juni cards through your mobile wallet. You and your team can easily upload receipts by snapping a picture, then throw away the paper copy. Custom notifications will help you stay on top of your spend with complete control.
To cut down on time spent chasing colleagues for receipts and invoices, use automation like receipt inboxes and auto-collecting receipts from an email account.
With Juni Receipt Matching, you can connect your Gmail account to auto-collect receipts from Meta, Shopify, Klaviyo and TikTok. You can also automatically import your receipts and invoices with your dedicated Juni inbox for effortless spend management.
Instead of doing manual work, Juni Receipt Matching automatically matches auto-collected invoices and receipts from your Juni inbox to the correct transactions, so you don’t have to. This can save precious time and increase accuracy, especially if you have a high volume of transactions.
Automation and pre-accounting can reduce the need for manual input to get your transactions ready for bookkeeping.
With Juni’s pre-accounting, you can create custom dimensions and effortlessly assign them to transactions, either individually or in bulk. Specify accounts, project codes, cost centres and VAT rates, and assign them to transactions in bulk. This means you can add information to lots of similar transactions at once, saving even more time.
Juni offers export via CSV or SIE to sync with your bookkeeping tool. With SIE fields, you can set a custom export format to configure your information to map to your ledgers correctly. Or, you can further simplify your accounting process with our two-way Fortnox integration. Get ready for five times faster exports with a clear overview of every payment and how it’s been prepared.
Ready to streamline your spend? Get started with Juni.
*Capital for cards is available for companies registered in UK, NL, SE, DE, FR, ES, IT, NO, and FI, upon eligibility. Capital for invoices is available for companies registered in SE, DE, NL, FR, ES, IT, NO and FI, upon eligibility. Fees and terms and conditions apply.
Juni is not a bank – yet. We’re a financial technology company providing e-money services and as such are not part of a deposit guarantee scheme. Learn more about our license and how we keep your business and money safe.
Juni Technology AB (company number 559248-0908) is licensed and registered as an electronic money institution with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (license no: 64025). Payment Card Solutions (UK) Limited (company number 05941947) and UAB B4B Payments Europe (company number 305539054) are regulated by the Financial Conduct Authority (ref: 930619) and the Bank of Lithuania (licence no: 76), respectively. The Juni Mastercard Corporate Card is issued by Payment Card Solutions (UK) Limited and UAB B4B Payments Europe pursuant to a license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Juni Technology AB. Masthamnsgatan 21, 413 28 Göteborg, Sweden. © 2025 Juni. All Rights Reserved.
