We have become Receipt Bank Partners which means we now have a practice licence and can use receipt bank for any client that allows us to.
Most software now allows you to capture and save receipts but receipt bank actually reads the receipt so there is less data entry required.
It has preset rules for specific suppliers so it knows where you would like things posted.
When it sends information to Sage or Xero (or other programs) it attaches the invoice or receipt.
We think this a major leap forward in the automation of book keeping.
One thought on “We have automated book keeping with Receipt Bank”
I have heard from multiple clients and accounting friends that receiptbank isn’t very good. We have started using Ocrex (Autoentry) which is an Irish business that processes Sales Invoices, Purchase invoices and Bank statements online. Plus it can intergrate with VT Transaction Plus which is a great help for us.