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 accountant works in Tripletex or Visma, expenses export to Excel or CSV.
Smartbills takes the VAT from each receipt line, at 25%, 15% or 12%, and keeps each purchase categorized, foreign receipts included.
Every line keeps the rate it was charged, 25%, 15% or 12%, with the supplier's organization number when the receipt shows it. Representation, where VAT isn't deductible, is set apart from deductible spend.
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 way home.
Coded expenses post to Xero, QuickBooks Online, Sage or NetSuite with the receipt attached and the VAT in its own account. If your accountant works in Tripletex or Visma, expenses export to Excel or CSV.
Why teams switch
Entertainment VAT keeps ending up in our deduction.
Each line keeps its category. Representation is set apart before the return.
One trip puts 25%, 15% and 12% on the same report, and we book one rate.
VAT comes from each line of the receipt. Each rate is recorded as charged.
Receipts from Stockholm come back with Swedish VAT mixed in.
Foreign receipts keep their own country and rate, apart from Norwegian input VAT.
Before and after
Norway has three VAT rates and allows no deduction on entertainment. One trip's receipts can use all three rates.
| Capability | Card statement and photos | With Smartbills |
|---|---|---|
| Entertainment VAT | Deducted by mistake | Set apart |
| A trip's receipts | One rate on the total | 25%, 15% and 12% as charged |
| Swedish VAT from a trip | Mixed into the return | Kept apart |
| 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. Lines come in at 25%, 15% or 12% as charged, and entertainment VAT is kept out of the deduction.