Overview:Paybook delivers financial automation to CPAs and businesses with operations in Mexico so they can deliver more in a fraction of the time!
Paybook is the only platform in the world that connects directly to all major Mexican banks and credit cards to import and categorize transactions without any manual input. Users can also upload years worth of historical data by utilizing a unique drag & drop bank statement feature whereby account summary and line item detail is extracted from PDFs.
Paybook also links to Mexico’s tax authority, the Servicio de Administración Tributaria (SAT), to fetch all inbound and outbound electronic invoices required for business deductions and automatically reconciles them with their associated bank transactions. When an exact match can’t be made, intuitive suggestions are offered.
With a one-time mapping of company account codes to Paybook’s categories, transactions are instantly classified and customized to each business to keep them audit ready. Subscribers can also share data with other users and systems so they can co-manage accounts and seamlessly export data to their accounting software and other applications.
By automating the reconciling process, users can ditch the tedious tasks associated with bookkeeping and tax-filing and get real-time financial insight to help them better run their companies and manage their clients.
Learn more at www.paybook.com.