3. What is Pre-Accounting?
The process of collecting the
evidence of business’s financial
transactions such as invoices,
retail register stubs, bills,
receipts and bank statements is
called pre-accounting.
4. Who is responsible for pre
accounting?
Everyone in the organization
who incurs expenses is involved
in the pre-accounting process.
5. Who is responsible for
pre-accounting?
Everyone in the organization
who incurs expenses is involved
in the pre-accounting process.
6. If you have a smartphone, and most
probably you do, whenever you do a
business transaction, all you need to
do it just take the snap of the
supporting document and Receipt
Bot will do the Bookkeeping and
Accounting tasks for you.
How can Receipt bot
helps SMEs
7. Saving the document for later
review and audit purposes.
Recording the details on the bill,
that includes Vendor name, amount,
date and VAT.
How can Receipt bot
helps SMEs
8. Categorizing the expense in the
categories.
Applying a payment method for
easier reconciliation.
How can Receipt bot
helps SMEs
9. If you are already using a cloud
accounting software like Xero or
QuickBooks Online, Receipt Bot
automatically exports your expenses
to your accounting software, all
accounting done.
How can Receipt bot
helps SMEs
10. Choosing a user-friendly
cloud-based accounting
software and an integrated
pre-accounting app like
Receipt Bot can make the
process partially self-driven
and easier to manage for you.
Conclusion: