SlideShare a Scribd company logo
1 of 11
Pre Accounting
Hacks for
Small Business
01
02
03
04
What is Pre-Accounting?
Who is responsible for Pre-Accounting?
How can receipt bot helps SME’s?
Conclusion
Content
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.
Who is responsible for pre
accounting?
Everyone in the organization
who incurs expenses is involved
in the pre-accounting process.
Who is responsible for
pre-accounting?
Everyone in the organization
who incurs expenses is involved
in the pre-accounting process.
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
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
Categorizing the expense in the
categories.
Applying a payment method for
easier reconciliation.
How can Receipt bot
helps SMEs
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
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:
Thank you
www.receipt-bot.com

More Related Content

What's hot

What's hot (16)

Digitisation - Systems and Certainty
Digitisation - Systems and CertaintyDigitisation - Systems and Certainty
Digitisation - Systems and Certainty
 
QuickBooks Online: Beginner's Guide
QuickBooks Online: Beginner's GuideQuickBooks Online: Beginner's Guide
QuickBooks Online: Beginner's Guide
 
Accounts receivable vs accounts payable in quick books
Accounts receivable vs accounts payable in quick booksAccounts receivable vs accounts payable in quick books
Accounts receivable vs accounts payable in quick books
 
Digitalisation of your interaction with HMRC
Digitalisation of your interaction with HMRCDigitalisation of your interaction with HMRC
Digitalisation of your interaction with HMRC
 
Myob live accounts-client-seminar
Myob live accounts-client-seminarMyob live accounts-client-seminar
Myob live accounts-client-seminar
 
Cash handling smart safes
Cash handling smart safesCash handling smart safes
Cash handling smart safes
 
031109 Potential Client Presentation Emphasis On Cash Management Aspect
031109 Potential Client Presentation   Emphasis On Cash Management Aspect031109 Potential Client Presentation   Emphasis On Cash Management Aspect
031109 Potential Client Presentation Emphasis On Cash Management Aspect
 
Acc chap 1.0
Acc chap 1.0Acc chap 1.0
Acc chap 1.0
 
Bento e book 2019
Bento e book 2019Bento e book 2019
Bento e book 2019
 
Introduction to QuickBooks Online
Introduction to QuickBooks OnlineIntroduction to QuickBooks Online
Introduction to QuickBooks Online
 
Applications of Computer- Handling the Accounts
Applications of Computer- Handling the AccountsApplications of Computer- Handling the Accounts
Applications of Computer- Handling the Accounts
 
Handbook: Advanced QuickBooks Online - Handling Tricky Transactions
Handbook: Advanced QuickBooks Online - Handling Tricky TransactionsHandbook: Advanced QuickBooks Online - Handling Tricky Transactions
Handbook: Advanced QuickBooks Online - Handling Tricky Transactions
 
Bookkeeping
BookkeepingBookkeeping
Bookkeeping
 
uLaw Activity and Compliance Checklist
uLaw Activity and Compliance ChecklistuLaw Activity and Compliance Checklist
uLaw Activity and Compliance Checklist
 
Payments primer
Payments primerPayments primer
Payments primer
 
BBN May Meeting
BBN May MeetingBBN May Meeting
BBN May Meeting
 

Similar to How to Streamline Pre-Accounting for Small Business

Similar to How to Streamline Pre-Accounting for Small Business (20)

The complete guide to account payables and account receivables processes
The complete guide to account payables and account receivables processesThe complete guide to account payables and account receivables processes
The complete guide to account payables and account receivables processes
 
What is Accounts Payable.pdf
What is Accounts Payable.pdfWhat is Accounts Payable.pdf
What is Accounts Payable.pdf
 
11 Practical Tips for Accounting & Bookkeeping for Small Business
11 Practical Tips for Accounting & Bookkeeping for Small Business11 Practical Tips for Accounting & Bookkeeping for Small Business
11 Practical Tips for Accounting & Bookkeeping for Small Business
 
Duties of a Bookkeeper
Duties of a BookkeeperDuties of a Bookkeeper
Duties of a Bookkeeper
 
3 Reasons Why Start Up Founders Should Outsource their Bookkeeping
3 Reasons Why Start Up Founders Should Outsource their Bookkeeping3 Reasons Why Start Up Founders Should Outsource their Bookkeeping
3 Reasons Why Start Up Founders Should Outsource their Bookkeeping
 
Accounting and Bookeeping in UAE Article.pdf
Accounting and Bookeeping in UAE Article.pdfAccounting and Bookeeping in UAE Article.pdf
Accounting and Bookeeping in UAE Article.pdf
 
Bookkeeping for Business Success
Bookkeeping for Business SuccessBookkeeping for Business Success
Bookkeeping for Business Success
 
Account Payable Management.pdf
Account Payable Management.pdfAccount Payable Management.pdf
Account Payable Management.pdf
 
3 Reasons Why Start Up Founders Should Outsource their Bookkeeping
3 Reasons Why Start Up Founders Should Outsource their Bookkeeping3 Reasons Why Start Up Founders Should Outsource their Bookkeeping
3 Reasons Why Start Up Founders Should Outsource their Bookkeeping
 
Top Accounting Service
Top Accounting ServiceTop Accounting Service
Top Accounting Service
 
Why Is It So Important To Track Your Business Expenses_.pdf
Why Is It So Important To Track Your Business Expenses_.pdfWhy Is It So Important To Track Your Business Expenses_.pdf
Why Is It So Important To Track Your Business Expenses_.pdf
 
Module 7
Module 7Module 7
Module 7
 
outbooks-co-uk-makes-sense-accountant-outsource-bookkeeping-.pdf
outbooks-co-uk-makes-sense-accountant-outsource-bookkeeping-.pdfoutbooks-co-uk-makes-sense-accountant-outsource-bookkeeping-.pdf
outbooks-co-uk-makes-sense-accountant-outsource-bookkeeping-.pdf
 
Accounting process more efficient.pdf
Accounting process more efficient.pdfAccounting process more efficient.pdf
Accounting process more efficient.pdf
 
Accounting Services What You Need to Know!.ppt
Accounting Services What You Need to Know!.pptAccounting Services What You Need to Know!.ppt
Accounting Services What You Need to Know!.ppt
 
Accountant Vs Bookkeeper – Understanding the Difference
Accountant Vs Bookkeeper – Understanding the DifferenceAccountant Vs Bookkeeper – Understanding the Difference
Accountant Vs Bookkeeper – Understanding the Difference
 
Docsumo Invoice Automation Guide
Docsumo Invoice Automation GuideDocsumo Invoice Automation Guide
Docsumo Invoice Automation Guide
 
Introduction to accounting
Introduction to accountingIntroduction to accounting
Introduction to accounting
 
Learn Tally.ERP9
Learn Tally.ERP9Learn Tally.ERP9
Learn Tally.ERP9
 
Invoicing Ways to Increase Cashflow
Invoicing Ways to Increase CashflowInvoicing Ways to Increase Cashflow
Invoicing Ways to Increase Cashflow
 

Recently uploaded

The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
DUBAI (+971)581248768 BUY ABORTION PILLS IN ABU dhabi...Qatar
 

Recently uploaded (20)

Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From Seosmmearth
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Rice Manufacturers in India | Shree Krishna Exports
Rice Manufacturers in India | Shree Krishna ExportsRice Manufacturers in India | Shree Krishna Exports
Rice Manufacturers in India | Shree Krishna Exports
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 

How to Streamline Pre-Accounting for Small Business

  • 2. 01 02 03 04 What is Pre-Accounting? Who is responsible for Pre-Accounting? How can receipt bot helps SME’s? Conclusion Content
  • 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: