Watch the video below to understand the advantages and the process of automating the bookkeeping process or read along.
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.- Source the bills received and paid through your RazorpayX Vendor Payments App to Tally.
- The bills received from the below-mentioned modes are auto-read by the RazorpayX AI OCR reader. You can create bills in RazorpayX via:
- Review the invoices and sync them to Tally, which automatically creates the journal entries. Tally then maps the entries to the ledgers.
- Verify the journal entries and map them to the respective ledgers, if necessary.
- After your CA/Finance team has reviewed and approved them, post them to Tally.
Following are the advantages of automating the bookkeeping process. With the RazorpayX-Tally integration, you can:
- Reduce your data entry effort by up to 40%.
- Eliminate errors of omission or repetition.
- Remove the pain of manual cross-verification between multiple Excel sheets.
- Choose when, who and how the journal entries are synced to Tally.
- Need not worry about making manual changes as per approvals and audit changes your CA suggests.
- The OCR reader scans the bills uploaded from , so you do not have to focus on entering the correct details. The bills paid are also easily synced.