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Pre Accounting hacks for small business

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Pre Accounting hacks for small business

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  1. Pre Accounting Hacks for Small Business

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

  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. How can Receipt bot helps SMEs 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.

  7. 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.

  8. How can Receipt bot helps SMEs Categorizing the expense in the categories. Applying a payment method for easier reconciliation.

  9. 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.

  10. Conclusion: 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.

  11. Thank you www.receipt-bot.com

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