Posted to the books your accountant uses
Coded expenses post to Xero, QuickBooks Online, Sage or NetSuite with the receipt attached and the VAT in its own account. If your tax adviser works in DATEV, expenses export to Excel or CSV.
Smartbills takes the VAT from each receipt line, 7% on food and 19% on drinks, and keeps the receipt with the entry.
Every line keeps the rate it was charged, 19% or 7%, with the supplier's VAT ID when the receipt shows it. The input VAT is built from the receipts rather than a rate applied to the total.
Receipts that arrive by email are pulled from a connected Gmail, Outlook or Zoho mailbox, and merchants on the Smartbills network send the itemized receipt at checkout. The month doesn't end with a receipt hunt, and nobody photographs a crumpled receipt on the train.
Coded expenses post to Xero, QuickBooks Online, Sage or NetSuite with the receipt attached and the VAT in its own account. If your tax adviser works in DATEV, expenses export to Excel or CSV.
Why teams switch
Restaurant bills now mix 7% and 19%, and we still book them at one rate.
VAT comes from each line of the receipt, so food and drinks are recorded at the rates they were charged.
Receipts over €250 need a full invoice, and a card slip isn't one.
The receipt or invoice comes from the mailbox or the merchant, with the supplier's details attached.
Business meal receipts come back without the details the tax office asks for.
Each meal keeps its receipt and line detail. The occasion and attendees are added once, on the expense.
Before and after
Restaurant bills now mix 7% on food and 19% on drinks. Booking the total at 19% overstates the input tax.
| Capability | Card statement and photos | With Smartbills |
|---|---|---|
| VAT on a restaurant bill | 19% of the total | 7% on food, 19% on drinks |
| Receipts over €250 | A card slip | The full invoice |
| Supplier VAT ID | Only if someone kept the paper | Kept with the receipt |
| Getting receipts in | Photos at month end | From the mailbox or the merchant |
Integrations
Your accounting software, bank feeds and card program, with data syncing in both directions.
Each product works on its own, and when you run two, the same record carries from the receipt to the ledger entry.
Capture receipts, categorize expenses and check policy compliance as expenses are submitted.
Expense report software that attaches the receipts for you, works out mileage, routes the approval and shows each employee when they'll be paid back.
Connect Gmail, Outlook, Zoho Mail or IMAP. Automatically collect receipts and invoices from the folders you choose, including Archive and Spam.
Accounting automation software that codes each transaction and posts the journal entry to your accounting software the day it happens.
FAQ
What people ask us before they sign up.
Get started
Connect a mailbox and a card. Food and drinks come in at their own rates, and anything over €250 arrives with the full invoice.