Xero - bag full of receipts?? & Receipt bank
stevo5678
Registered Posts: 323
USING RECEIPT BANK FOR XERO RECEIPTS
Out of interest, If I as an accountant send Receipt Bank a big pile of receipts that are potentially a mixture of expenditure paid from cash, paid personally from the sole proprietor or paid for from the company credit card and even by a sub-contractor. How and where do these receipts show up on Xero?
IGNOING RECEIPT BANK
Equally how would you recommend I account for all of these receipts that need matching against the few that may be paid from the business account?
For said client I currently and happily use VT. I post all of the receipts to a bank account I've created called 'Invoices & receipts' or something along those lines and then when I enter the bank statement for the bank account proper I can see from the drop down suggestion tab which payments have already been entered so net off the actual bank payment.
I like Xero but find it very rigid in places...
Thanks for your help.
Steve
Out of interest, If I as an accountant send Receipt Bank a big pile of receipts that are potentially a mixture of expenditure paid from cash, paid personally from the sole proprietor or paid for from the company credit card and even by a sub-contractor. How and where do these receipts show up on Xero?
IGNOING RECEIPT BANK
Equally how would you recommend I account for all of these receipts that need matching against the few that may be paid from the business account?
For said client I currently and happily use VT. I post all of the receipts to a bank account I've created called 'Invoices & receipts' or something along those lines and then when I enter the bank statement for the bank account proper I can see from the drop down suggestion tab which payments have already been entered so net off the actual bank payment.
I like Xero but find it very rigid in places...
Thanks for your help.
Steve
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