8/2/2023 0 Comments Xero app for receiptsBut keep in mind that what ReceiptBank is offering is the technology behind the automatic extraction of the receipt data, saving a ton of time for businesses. Just chiming in from some of the comments regarding Xero & I agree that the workflow of running basic expense reimbursements via Xero could do with some work, and it sounds like the team at Xero are working on that. Well done Receipt Bank, can’t wait to see where you will be in another three years! Check out just one story here:Īs you can see, a lot has changed in three years for Receipt Bank and Xero, but one thing has stayed the same – we are delighted to have them as an Add-on partner. The most impressive development at Receipt Bank over the past three years however, is the unique way they have worked with Xero accounting and bookkeeping partners. Receipt Bank’s integration with Xero enables you to create both an expense report for staff reimbursements and also a draft sales invoice for oncharged costs. Receipt Bank creates attachments on all the documents it can in Xero – receipts, bills (accounts payable invoices) and spend money transactions (bank transactions), so you have a complete audit trail. pdf files – perfect for purchase invoices that need to be split across different accounts. Receipt Bank automatically splits line item details for original. It was a huge leap forward when Receipt Bank recently announced they can now populate Xero with invoice line item details. In the UK the term ‘receipts’ covers everything – expense receipts, accounts payable invoices etc, but in other parts of the world, it might not be quite as obvious that Receipt Bank supports receipts on expense claims but also accounts payable invoices and spend money transactions. Well, three years on and Receipt Bank are now the most popular add-on for Xero, and recipients of a number of Xero awards.Īs much as I love the original blog post (the cheesy background music on the video!), I thought it might be time to do a quick refresher, and cover some of the less obvious, and new features that Receipt Bank provides: When I started at Xero just over three years ago, one of the first Xero Add-ons I assisted with certifying was from a small little UK startup app called Receipt Bank.
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