Transaction Automation
Transaction automation is essential for streamlining accounting processes and improving efficiency. This feature in Rillet simplifies the management of financial transactions by automating various tasks, such as expense entries and amortization.
Benefits of Transaction Automation
Increased Efficiency: Reduces time spent on manual entries, allowing accountants to focus on more strategic tasks.
Accuracy: Minimizes human error in data entry, leading to more reliable financial reports.
Cost Savings: Saves time and resources by streamlining the accounting workflow.
To Set Up Transaction Automation in Rillet:
Go to Organizations Settings > Accounting.
In the Automation section, enable Quick Entries for Expenses.
This feature ensures that reconciliation quick entries are automatically created for existing vendors, reducing manual entry efforts.
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