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Mike Mancini shares a quick five-minute hack to manage his numerous receipts, which accumulate over time from meals, client meetings, and expenses. He discusses the challenge of organizing physical receipts that he throws into a box, only to face them again during tax season. Additionally, he receives multiple email receipts daily, which he often prints and adds to his collection. At the year's end, this disorganization leads him to walk into his accountant's office with folders filled with receipts. The tutorial aims to provide an effective solution to streamline this receipt management process.