Receipt Bank is a cost effective method of reducing your bookkeeping and data entry.
It is a very simple process:
- Submit your receipts/expenses and invoices to Receipt Bank by smartphone, e-mail, dropbox or post
- Receipt Bank extracts the data required for accounting – supplier/invoice number/date/tax/currency/total
- This data can then be integrated with Xero/FreeAgent/Excel
With the service starting at £9 per month for 50 documents and with integration to your cloud accounting package, this is a great way of cutting the cost of bookkeeping in your small business.