Invoice Scanning to Cloud Accounts Package

monkey_boy · 19 Dec 2018 at 21:42

Hi All,

I need to upgrade from my local version of Sage Instant Accounts to be ready for Making Tax Digital in April. I've been wondering for a while if there's not an easier way to get purchase invoices processed too.

Does anyone have any suggestions of the best accounts packages and whether any of these have the built in option to automatically process invoices either scanned in or added as native PDFs? If there's none with built-in options which are the best add-on packages to go for?

Thanks,

Kemik · 19 Dec 2018 at 22:41

What does your accountant support? At the moment I’d recommend switching to QBO or Xero. If you want to scan receipts, there are loads of integration options. Receipt Bank seems to be the biggest but check out the competition too.

Whitewater · 19 Dec 2018 at 22:46

I have no expertise in this field but these guys might fit the bill - might be worth a look: https://www.cloudtradenetwork.com/.

Kemik · 19 Dec 2018 at 22:49

Whitewater said:
I have no expertise in this field but these guys might fit the bill - might be worth a look: https://www.cloudtradenetwork.com/.

He’s not looking to send electronic invoices.

Whitewater · 19 Dec 2018 at 23:06

Kemik said:
He’s not looking to send electronic invoices.

Ok.

monkey_boy · 21 Dec 2018 at 12:15

I've just had an email back apparently they support Sage, QBO and Xero. Which would you reccommend? Have you got any experience of Receipt Bank? How accurate is it?

Thanks,

Mark M · 21 Dec 2018 at 15:09

Xero and Autoentry are what we advise clients. Xero is a bit pricey but the best on the market, Sage is an absolute pile of junk!

mollymoo · 22 Dec 2018 at 14:29

Mark M said:
Sage is an absolute pile of junk!

Amen to that, although don't mind sage as a standalone product but sage one is absolutely terrible.

Kemik · 22 Dec 2018 at 15:56

monkey_boy said:
I've just had an email back apparently they support Sage, QBO and Xero. Which would you reccommend? Have you got any experience of Receipt Bank? How accurate is it?

Thanks,

Start a trial on both and ask to see demo data in the trial. It's whatever works best for you. QBO is cheaper at the minute.

Steeps · 22 Dec 2018 at 16:31

Last year we tried to move to QBO but half the functions of QB Desktop were not there at all, had to roll back. Doesn't look like it has improved.

GSXRMovistar · 22 Dec 2018 at 17:13

User of Xero here, very useful and recommended.