Receipt Management Using Dext
Receipts are incredibly important for business owners. From maximizing tax deduction to dealing with CRA, having that documentation is critical. If you want a free and simple way to track your receipts, check out this blog post using Google Drive.
But instead of manually uploading receipts, and spending time with data entry, you can use an app like Dext, which connects to your accounting system, whether that’s Xero or QuickBooks.
Here’s how you can use Dext for your receipt tracking:
- Sign up for Dext
- Connect to bank accounts
- Photograph receipts
- Connect Dext with accounting software
Sign Up For Dext
Go to Dext website or if on mobile head to the App Store on IOS, or Google Play Store on Android.
Click “Sign Up” or “Start A Free Trial”, and fill out the necessary information.
Connect To Bank Accounts
After signing in, you’ll have to connect to your business bank accounts and credits cards.
Photograph Receipt
If you bought something for the business and have the receipt, open the Dext mobile app. Take a clear picture of the paper receipt. Alternatively, you could email the receipt to a unique Dext email address, which you would find in the “Users” section.
Once receipts are in, Dext will automatically categorize your expenses.
However, make sure to review the data and make any adjustments as necessary.
Connect Dext With Accounting Software
Once you’ve categorized your expense, we’ll need to push it into your accounting software (e.g. Xero).
Head to “Integrations”. In the list of available integrations, select “Xero”.
You’ll then be prompted to authorize Dext to access your Xero accountant, click on the authorization button.
You’ll then be redirected to Xero where you’ll have to log in to your Xero account. After login, Xero will ask you to grant permission to Dext.
Dext should now be connected with your accounting software.
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