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Best DocuClipper Alternatives for Document Processing

Nanonets

DocuClipper is an OCR-powered financial document processing tool that converts bank statements, credit card statements, invoices, receipts, and brokerage statements into Excel, CSV, or accounting software-ready formats. Hubdoc Automated document fetching & archiving No Yes Automated fetching, Xero integration Xero/QBO users 4.3

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Xero AI: How to improve AP and invoice tasks

Nanonets

We are forced to manually enter data, reconcile transactions, and sift through files trying to locate financial information we need.  From their new conversational assistant JAX to automated bank reconciliation, these tools are helping accountants and business owners reclaim time for more valuable work.

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How Real Estate Accounting Firms Help Investors Stay Tax Compliant

CapActix

Real-Time Bookkeeping and Record Accuracy: Staying Audit-Ready Why Meticulous Record-Keeping is Non-Negotiable Real estate accounting firms streamline bookkeeping processes as such transactions are recorded, classified, and reconciled in real time. Why choose a real estate-specific accounting firm over a general one?

Tax
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10 Common Property Management Accounting Mistakes (and How to Avoid Them)

Outsourced Bookeeping

Not Reconciling Bank Accounts Monthly Skipping bank reconciliations is like driving without a dashboard. How to avoid it: Set aside one day a month to reconcile each account. Match every transaction in your books with your bank statement. You may be heading for a crash and not even realise it.

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Four ways small businesses can work smarter in Xero this EOFY

Xero

Finalise bank recs faster with automatic refresh As any small business owner knows, bank reconciliation (the process of confirming all transactions in your bank accounts are recorded in your business accounting records) is one of those tasks you need to stay on top of. What Xero tip would you add to this list? EOFY 2023).

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How to reconcile a bank statement

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Reconciling a bank statement involves comparing the bank's records of checking account activity with your own records of activity for the same account. To reconcile a bank statement, follow the steps noted below.

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Latest product news — December 2022

Xero

Here are the latest features we’ve introduced to new reports: We’re introducing a current financial year by month report as well as a Bank Reconciliation report pack. Hubdoc will use machine learning to identify when a document may be a credit note and flag it to you for review. Sort document packs in Xero HQ — Global.