Here at Monitor Bookkeeping Services we understand the time you spend on your books could be better spent building your business. Therefore, we’re pleased to announce our adoption of Receipt Bank.
Receipt Bank automatically extracts the key data from your bills, invoices and receipts then publishes this information directly into XERO. (along with the attached source document) This saves you the hassle of data entry, reducing paperwork in the office and providing huge cost and time savings.
Receipt Bank is Xero’s most popular add-on globally. The award winning service was named Xero’s “Add-on Partner of the Year” in both Australia and the UK. A suitable solution for all of our clients regardless of your industry or sector!
No more storing paper receipts and invoices!
The bank feed supplies your accounting software with real time information on your money in / out. Receipt Bank adds the transactions that are due for payment as well as the supporting documentation of your transactions. This ensures your books are richer than ever before!
How to submit your receipts and invoices
You can send your bills, invoices and receipts to Receipt Bank in a number of ways. For example the iPhone and Android apps allow you to take photos on the go – perfect for those taxi or coffee receipts! You can also use email-in, direct upload, Dropbox and Paypal.
Receipt and invoice processing
Receipt Bank automatically extracts the key data from your expenses and securely stores the scanned copies in your online account. As a result, your business has its records saved in an easily retrievable way.
Monitor Bookkeeping and Receipt Bank
Monitor Bookkeeping Services 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 Monitor Bookkeeping Services is continually taking advantage of new technology to help our clients improve their businesses!
If you would like to discuss Receipt Bank further – please contact us on 0447370301 or send us an email here
Peter Broberg is a bookkeeping professional with over 20 years experience in the finance sector. With more than 2 decades of experience, Peter provides payroll and bookkeeping services on a professional level. His services cater to small and medium enterprises in Cannington, Kalamunda.