As part of the Webucator Tips series, we’re excited to share this power tip to current QuickBooks students. Read, share, and drop some knowledge!
When we first meet a potential Expensify user, the first thing we typically ask is, “How do you do your expense reports?” and “What accounting software do you use?”
Okay, so that’s actually two questions, but it’s hard to ask the first question without following up with the second. If you’ve ever had a hand in either, it’s easy to guess that expense reporting and accounting are intricately linked.
Companies use QuickBooks or similar accounting software to track employee expenses and reimburse them, along with their salary, directly from QuickBooks. But with QuickBooks’ less-than-intuitive functionality, it takes time to set up an expense reporting system in the software, and users typically end up entering each expense in manually by typing them up one by one. Do yourself a solid and avoid all that nonsense by integrating Expensify into your QuickBooks accounting! With tons of customization options, bi-directional integration, and flexible policies, you’ll be glad you did.
Customize, Customize, Customize!
Every company has different needs, and that’s why we’re so big on customization. Once users finished compiling an expense report, they can also customize the way a report is exported. For example, reimbursable expenses can be exported automatically as a check and non-reimbursable expenses as a credit card bill. You can take it a step further by customizing the integration if you have needs outside our traditional export method.
Bi-directional integration between QBO and Expensify means that you can pull and push all sorts of valuable information from QBO. Sync categories, tags, report fields, and more to make sure everyone is on the same page. Easy as 1, 2, 3!
With categories, tags, and other data fields, you have the flexibility to customize your expense report policies for different groups of employees. Create and set any number of rules to any one group and adjust exposure to each policy as needed.
Power Up Your Accounting Capabilities
QuickBooks can be a powerful tool if you know how to use it. In the name of saving time and to avoid any hair pulling, do yourself a favor by integrating your QuickBooks Online with Expensify today. Take it from this guy, it’s worth it.
Need some help with implementation? Feel free to email us at email@example.com with your questions!