Do you have online banking? Sending us downloaded statement information straight from your online banking means we can more easily import the data into our system and check for expenses and income which might otherwise have been overlooked. It can also fill in the gaps where you are missing receipts or invoices. This simple service could therefore save both time and money! Most online banking platforms allow you to export this information, for example as a CSV file, and this format is perfect for our accounting system.
Don’t have online banking? No problem! We also have a new system where we can scan in your paper statements straight into our ‘Bankstream’ accounting platform, making analysis faster and easier.
Either way, ask us for further information or, better still, send us a sample download of a typical month’s bank data (or paper statement if you don’t have online banking) in exchange for free, insightful feedback and, where applicable, a free quotation. Our contact details can be found here.
Use a debit card just for your business expenses and that way you will always have a record of allowable expenses right on your bank statement – useful if you lose a receipt.