Today we're taking an important step towards from 'just' an invoicing software to a 'real' accounting system.
So when you log on to Debitoor, you'll see two new menu tabs: Bank and Reports, both with Beta tags attached to them.
So what's Bank?
Bank is here to save time for both you and your accountant. By importing your bank transactions in a CSV format, matching them with your invoices or recording them as expenses, you're now one important step closer to taking control of your own accounts.
Keeping track of your expenses by uploading your documents is an easy and secure way of storing your business spends - always close at hand if you need to check up on them or to show them to your accountant. But also super handy if you want to handle your bank transactions yourself and match them with your invoices.
Right now, you can only match your transactions with invoices or record them as expenses, but we'll be adding matching features for expenses, credit notes and finance entries at a later stage.
What are Reports?
The new VAT report is in its very early stages and will give you an overview of your sales or expenses with the option of selecting monthly, quarterly or 6 months intervals.
We hope you'll give this new VAT report a try and we're waiting for your feedback on how you'd want this to work.
And why Beta?
The accounting dimension of Debitoor is still in its early phases and these two features will be among our focus areas for the near future - with your feedback as our guidelines for further development.
Reports and Bank are time-saving, convenient features which will be included in the Premium plan when they are released as finalized features.
You can, however, match 10 transactions with invoices or record 10 transactions as expenses on the free plan to get a hang of this feature before you have to upgrade to Debitoor Premium.