To help businesses streamline their bank reconciliation process, Airwallex offers an automated expense management solution that seamlessly integrates with accounting software like Xero and Quickbooks. This allows businesses to reconcile their bank accounts more quickly and efficiently, enabling finance teams ...
Pro tip:To get best results, place the receipt or invoice on a contrasting background in a well-lit area, and ensure your camera is parallel to the paper to avoid distortion. Capture the entire document, including all edges, and review the scan immediately to confirm all text is clear and...
It's a best practice to wait until the end of the year—after a close—to merge, rename, or delete accounts. Changing or removing accounts mid-year can add extra complexity during tax season. For example, if you rename an account mid-year, you may have to track and reconcile transacti...
What to look for in an online invoicing system Businesses often underestimate how complex invoicing can be. For example, you may decide to accept different payment methods, such as bank transfers, to lower your costs on large invoices. Collecting these bank payments can be tedious and error-pron...
While Airwallex is not a bank, we are an ASIC-licensed payment institution that partners with local payment rails in different countries and economic territories. This gives us the ability to offer overseas transfers in local currencies. How can I get started with Airwallex? The best way to get...
such as bank transfers, to lower your costs on large invoices. Collecting these bank payments can be tedious and error-prone without the right tools to help. If you start sending invoices globally, you’ll have to navigate different regulations that govern invoicing in each region where your cu...
They also pay vendors and suppliers up to a certain amount. In this case, it is important for the employee to keep and submit receipts to the finance department to reconcile accounts. Fleet cards Fleet cardsare designed for businesses that manage a fleet of vehicles. Account holders use these...
Bookkeeping is no fun for anyone. Fortunately, some POS applications automatically sync your sales with QuickBooks and Xero. This allows you to easily reconcile your books, create custom reporting, and skip manual data entry altogether. Inventory management ...
4. Stay up to date. BILL integrates with top accounting software, eliminating the need to enter data more than once. Automated accounting updates happen after each transaction, so accounts reconcile faster. Our cloud-based information is easily searchable, so you're always audit-ready, and your...
4. Stay up to date. BILL integrates with top accounting software, eliminating the need to enter data more than once. Automated accounting updates happen after each transaction, so accounts reconcile faster. Our cloud-based information is easily searchable, so you're always audit-ready, and your...