Receipt Bank has been revolutionising accounting for small business since they were founded in 2010. Receipt Bank integrates directly with the leading accounting software packages, which helps us in our mission – to free small businesses from the data entry of receipts and invoices! The seamless integration between Receipt Bank and Xero ensures the accounts payable and expense data flows straight into the books as close to real-time as possible. We understand that the time you spend on your bookkeeping and expenses is better spent building your business. So we use Receipt Bank, to remove the burden of data entry and get rid of your boxes of paper.
Your bank feed supplies Xero with the latest information on your cash in / out. The Receipt Bank feed adds to this by inserting your receipts and supplier invoices into Xero. By adding transactions that have yet to hit the bank account and the supporting documentation of your bank transactions, Receipt Bank ensures that your data in Xero is richer than ever before!
You can submit your receipts and purchase invoices to Receipt Bank in a variety of ways! Via iPhone and Android apps, Dropbox, email-in, or upload from computer etc. Receipt Bank extracts the necessary data from the transactions and securely stores the scanned copies in your online account, ensuring your business has its records saved in an easily retrievable way.
We will have access to your Receipt Bank account enabling us to manage your expenses from there. The partnership with Receipt Bank is an example of how we’re continually taking advantage of new technology to help our clients improve their businesses! If you would like a Receipt Bank account please contact us to set up an account. Or if you aren’t currently a client, please get in touch and we’ll help you to set up a Receipt Bank account and give you further information on our other services.