Like any other cloud-based accounting software, our intuitive bank feeds software feature requires a one-time set-up to import bank transactions into your accounting software automatically. Our interface keeps your business banking data updated to make it easier to prepare books of accounts. It helps businesses and accounting firms to avert costly mistakes that manual data input might entail.
Serving as one of the most exciting advancements in accounting, SME Cashbook allows users to export raw banking data as it is or after reconciling them by selecting a period they want to work on. The brilliant bank reconciliation solution innovation that we have designed reduces much of the manual reconciliation tasks the easiest way by saving search terms and applying AI to auto-allocate to the correct chart of accounts based on past behaviours and bringing in descriptions automatically. The technology empowers data to flow effortlessly between bank accounts and our accounting software and then reconcile it by allocating it to the right chart of accounts. It helps businesses to become much more efficient, saves time and makes administration invisible, focusing on profits and revenue.