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Accounting Integrations
Kathleen Jackson
Created on July 10, 2024
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Transcript
NetSuite, Xero, and QuickBooks are accounting integrations that enable clients to seamlessly sync financial data between Deel and their respective accounting platforms, streamlining processes and providing customizable options for deeper analysis and compliance. The main purpose of accounting integration is to transfer financial data efficiently. While strong integration is beneficial, it's not always necessary. For instance, if a client uses Quickbooks but it doesn't integrate well, it's not a big concern. The important thing is to find a solution. If integration isn't on the roadmap or isn't feasible, we can propose a simple file transfer method.
Detailed Reporting
Automated Bookkeeping
Streamlined Vendor Management
Customizable Tracking & Accounting
Efficiency & Scalability
Compliance & Audit Trail
Automated vendor setup via email matching simplifies the process.
Custom field mapping and class association enable granular financial reporting.
Synchronized invoices, documents, and tax codes maintain an audit trail for tax compliance and reporting, with seamless reconciliation of receipts and payments for balanced books.
Eliminates manual entry by automating financial data synchronization between Deel and accounting platforms, ensuring consistent, up-to-date financial data across systems for a comprehensive operational view.
Automation reduces redundant tasks, allowing finance teams to focus on higher-value activities and improving overall productivity. Also accommodates business growth with a streamlined accounting process.
Offers granular tracking, multi-currency support, expense categorization, and the ability to customize accounting practices alignment, ensuring each transaction is accurately recorded via payment mapping and GL account specification.