Reconciling your financial data has never been easier. With accounting principles built directly into our software, such as maintaining a double-entry journal, you can trust the data. Reconciliation and error correction are fast and straightforward. Effortlessly export your data to your preferred accounting tool.
We make Accrual accounting possible with our Journal entries. SmartRec is the only platform that truly defers revenue, using a double-entry accounting system as the activity is utilized. The journal entries are easy to view online or export to your general ledger.
Your records immediately update with every transaction, so you know where you’re at and where you're going with each individual activity and every participant enrolled. Online payment processing allows SmartRec to automatically reconcile customer payments with outstanding account balances. This real-time financial automation can transform the way you process and track financial information (and will save countless hours of your team’s time)!
Whether it's your daily, weekly, or monthly reconciliation, SmartRec has everything you need to help you get the job done and quickly identify any variances you might have between your bank account and your SmartRec data.
SmartRec is built around the most rigorous accounting principles, using a double-entry accounting system, along with ledger codes attached to every single transaction.
Know what has been paid and what is still outstanding. With SmartRec, you can link any balance or payment to one or more items on an invoice. Everything can be tracked down to the activity and the individual customer.
SmartRec can be used to generate the numbers you need to feed into your existing financial systems. Everything exports to Excel, making it easy to capture the information you need to power any ancillary online accounting software you may use, such as QuickBooks.
“I can run the journal entries report for the month, and boom, there it is, easy to export, then import into my GL. Job's done.”
