Abstract: A method is disclosed for electronically capturing and storing paper records for accounting purposes using a mobile handheld device with an integrated digital camera or scanner. This method involves digitalizing a paper receipt with a digital camera or scanner, manually entering accounting data into a form presented on the display of a handheld device and performing a wireless transmission of the digital image of the paper record together with the entered information to a record storing system. The storing system securely stores the digital image of the record for future references and transmits manual entered record data to an accounting application using existing telecommunication or data networks.