Why SME Cashbook for Bank Feeds?

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.

How does Bank Feeds Software Make Your Business More Efficient?

Advanced bank feeds software makes SMEs more responsive and agile to their overall business needs. It is a vital tool for all businesses that look for efficiency gains. Shoebox, manual key in and .csv import and mapping are the ways of the past and are productivity killers.

SME Cashbook eliminates duplicate entries, cleans up the list, and brings bank feeds for bank reconciliation. It also keeps an audit trail of imports.

The most powerful and unique feature is sending the doubtful data into the “Under Review” section. Using the common platform, accounting firms and businesses can clarify where the bank entry should be allocated. This function allows accounting firms to improve core processes for quicker bank reconciliation solutions to update reports and analysis to support business decisions.

Bank Feeds software saves you considerable time on the entry and reconciliation of transactions and boosts business productivity and efficiency. Automation of bank transaction matching makes your data more reliable and less error-prone.

Some unique features from SME Cashbook offer greater visibility and enhanced connectivity between trusted advisors and SMEs. Did you know that you can split a transaction, change the GST type and automatically prefill the description on the bank reconciliation screen using SME Cashbook and email your client to clarify the “Under Review” bank reconciliation items?

Contact us today to find out how easy a bank reconciliation solution can be with a connected SME Cash Book!

For accounting firms

Connected to clients bank feeds

Chart of Accounts as you like

Cost effective

For small businesses

Cash basis of accounting

Cloud accounting

Compliance
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    PO Box 6468 Norwest NSW 2151
    Email Us
    support@smecashbook.com.au