Archives For Accounting

Receipts-1

When I was a child, my mom collected shoeboxes. Big boxes, tall boxes, small boxes, etc. Their varying sizes made them a great storage option.

My parents own a slew of vending machines in and around my hometown and keeping track of their expenses during the year was never a huge priority. As a result, my mom finds the best-priced soda at one store then travels to the next, even if it’s only because she has a coupon for potato chips. She had receipts from Sam’s Club (a retail warehouse), gas stations, grocery stores, and more. It’s a lot of driving and even more receipts.

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 MSP Logo black text

This week’s Expensifier of the Week is MSP Leadership, a London based company developing and inspiring leaders of all levels through executive coaching, leadership development and team development workshops.

MSP-Leadership was founded to push the limits of leadership in pursuit of excellence. A former Concur user, expense reports used to take time away from that. The MSP team used to “spend years scanning receipts and filling out spreadsheets,” says Director Aaron Penwill. With more complex reports on their horizon, they knew it was time for a change. As a result of the switch, the team agrees they work at least 20% faster than Concur and 200% faster than their old expense reporting process.  Continue Reading…

Hey there! It’s Conor again, one of the Success Coaches at Expensify. Ours is a new team, dedicated to ensuring expense reporting happiness for our customers. This week, we’re following-up a previous announcement by expanding our corporate card export support to NetSuite customers too. This great feature allows you to export transactions to specific company card sub accounts in NetSuite.

Our great two-way integration with NetSuite already supports exporting to journal entries and expense reports, and with this update we’re supporting greater flexibility and enabling our customers to work even more effectively.

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It’s that time of year again!

Christmas, Holidays, and tax tips??

Joy to the world, Christmas is here!

Yes, Christmas and New Year’s are just around the corner, but what I’m really talking about is new tax rules for 2015! Here are the top four that you should pay attention to when doing your expense reports and due diligence next year. Continue Reading…

Hey there! My name is Conor, one of the Success Coaches at Expensify. Ours is a new team, dedicated to ensuring expense reporting happiness for our customers. This week, we’re proud to bring users of our QuickBooks Online integration a great new feature: export to credit card sub-accounts!

Those familiar with QuickBooks Online and Expensify will be aware that early this year we switched over to Intuit’s new API. With the new integration, we significantly reduced the amount of time customers spent exporting from Expensify to QuickBooks Online, improved the stability of the integration, and added support for vendor bills and billable expenses. Overall, our customers loved this new connection and took full advantage of it.  Continue Reading…

In a few weeks, Expensify will be releasing a brand new version of our QuickBooks Online integration. This complete overhaul was built to be faster, more stable, and so much easier to use.

Here’s a brief overview of the new features that will be part of this integration:

  • Vastly simplified connection setup: configure the policy once and export your reports to QBO without having to specify which accounts to export to, or export type, etc.
  • Billable flags are now passed from Expensify to QBO
  • Classes and locations now import as report fields in Expensify
  • Export preferences can be configured based on expense type (reimbursable vs. non-reimbursable)
  • Employee and vendor records automatically match to the Expensify report submitter.
  • Connect your Expensify policy to QBO in two clicks.

QBO Connection Dialogue

The QBO connection configuration dialog

 

Additional features, like tax support and export date configuration, are already planned and will be added in the future.

This new integration is currently in a closed beta test. If you would like to take part in this beta, simply email jason@expensify.com and specify that you would like to be able to test the new QuickBooks Online integration.

Thanks, we can’t wait for this to go live!

Expensify Xero IntegrationWe’re excited to officially introduce the Expensify Xero Integration! Users from both of our companies have been requesting we sync up and make this happen and now that fantasy is reality.  Log in now to experience Expensify/Xero nirvana!

The integration is powerful, yet simple. Continue Reading…