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Reconciling purchase receipts

#1

Hi all

Basic question but one I would love to know the answer too.

Is the following the correct and easiest way too reconcile purchase receipts ?

Scan them in daily, then once they are in the receipt hub tag them straight away to a supplier etc, then at the end of the month when you get the statement through from the bank reconcile them ?

Thank you

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#2

Hello @DC123

There isn’t a definitive ‘right’ answer to this - it can be done to suit your workflow and business. But what you’re doing sounds fine to me. Providing everything is recorded and your bank balances are correct, you should be all good :slight_smile:

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#3

Thank you, I’ll keep on doing them the way I know, then.

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closed #4

This topic was automatically closed after 7 days. New replies are no longer allowed.

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