Last week I attended the 4th Annual IPBC conference. IPBC is the acronym for the Institute of Professional Bookkeepers of Canada. As a Certified Professional Bookkeeper (CPB) it’s imperative that I stay up to date on the ever changing information, rules and guidelines as they impact accounting, software and the law. From this conference there are 3 bookkeeping apps to make life easier that I want to share with you.
Once you’ve registered with Hubdoc and entered your online bill and bank information it automatically pulls your bills and statements into one secure hub, called “fetching”. Every time the data is fetched or uploaded Hubdoc can create the entries in QuickBooks Online, Bill.com and Xero, with the source documents attached. Hubdoc transactions are automatically matched to the bank feed in QuickBooks Online and Xero. You can also take a photo of your receipt, invoice or bill with the mobile app. Hubdoc scans, extracts and stores your documents. You can determine whether you want to dispose of the original paperwork. You can try it for free for 14 days, without supplying any credit card information. The apps are available for Cloud, Google and Apple.
2) Receipt Bank
Receipt Bank has developed its software and service to make the gathering, storage and processing of bills, receipts and invoices as easy and as cost effective as possible. The app can extract; the type of document it is i.e. receipt, invoice etc., date, supplier name, invoice number, currency, total amount and sales tax. It will also show the payment method with the last 4 digits of the credit card used. There is numerous accounting software programs that integrate with Receipt Bank, allowing you to send your receipt data with no data entry required. Some examples of software it integrates with are; QuickBooks, Freshbooks, Sage One and Sage 50. They also offer a 14 day free trial period, without supplying any credit card information.
This is a Canadian Based cloud accounting package. With 24/7 access you can collaborate with your bookkeeper wherever they may be. It automatically codes your bank transactions for Canadian and USA financial institutions. You can attach business files and documents to general or financial data in SlickPie. SlickPie can be used with smartphones, tablets, laptops and desktop devices. They also offer a free trial period.
Over the next few weeks I will share with you a combination of software solutions along with changes in the industry and facts you need to be aware of.
Part of the Mission Statement for IPBC “IPBC provides the environment, knowledge, and resources its members need to develop excellence in bookkeeping, through education, networking, advocacy, information and research.”
The IPBC Vision Statement – By providing relevant services and products that continuously improve, are affordable and in the forefront of the bookkeeping industry, IPBC is recognized as the leading organization and role model by members, stakeholders and Canadian business in developing excellence in the bookkeeping industry.
The Institute of Professional Bookkeepers of Canada (IPBC) is a national non-profit organization dedicated to achieving public awareness for the CPB-Certified Professional Bookkeepers™ of Canada and assist men and women to adhere to a professional and ethical standard in the bookkeeping profession.
Your business dominates a big portion of your life, and your lifestyle. Choose your professional partners wisely. Look for those that you trust, respect and have the knowledge and expertise you need to move forward, profitably.
I look forward to the opportunity to work with you and as always, I welcome your feedback. Just connect with me by clicking the contact tab at the bottom of the screen if you are reading this post on the website or you can leave your information in the form of a comment right here on the site.
Until next time,