What is Dext?
At Dext, we make the businesses you look after more productive and profitable through better data and insight. We’ve recently changed the name of our current products to more accurately describe what they do.
Dext Prepare (formerly Receipt Bank) allows you to digitally capture, code and control your client’s financial transactions - this means no more searching through shoeboxes of receipts or lost invoices. You’re simply able to deliver tailored financial advice to your clients, up-to-date books and on-the-go bookkeeping. It's the 4.7 star rated tool used by over 1 million people.
Dext Connect App allows you to easily manage QuickBooks Desktop clients. Upload and update records in seconds. Amounts, due dates, categories and supplier lists – view everything instantly on one dashboard. No more switching between platforms or applications.
Dext Precision (formerly Xavier) gives you trust in your data by spotting errors before they become a problem. It’s also the same award-winning assurance, with client dashboards and HealthScore checks. Precision is currently available in the UK and Australia, and will be launching in the U.S. in late 2021.
Collection & Reconciliation of Paperwork
Use Dext Prepare to digitize all of your paperwork in one place, ready for review. You can use the mobile app, dedicated email-in address, fetch, or web upload to send paperwork in real-time. That includes receipts, supplier invoices, bank statements, credit notes and sales invoices.
Making Sense of the Information
Dext Prepare guarantees accuracy, so no need to double-check data. Data from each receipt or invoice is extracted in just moments, making it easier to claim the correct credits and hit tax deadlines.
With Prepare, you're able to automatically extract critical financial data fields from your documents, including:
- Original document image
- Type of document
- Document Date
- Supplier
- Currency
- Totals
- Tax Amount
- Invoice Number
- Payment Method
- Document type & Invoice #
Elimination of Data Re-Entry with Seamless Integrations
Dext Prepare seamlessly integrates with the leading accounting software platforms including Quickbooks (Desktop & Online), Xero, Sage, Bill.com, Gusto, and more. You can even set up rules to automatically categorize spending for tax purposes.
Prepare will assign the account code, job / tracking code, and any recurring splits to different tax codes automatically - preparing for you to review. It will also match paperwork with any transactions or payments already in your connected accounting software!
Protection Against Audit & Disaster with Secured Cloud Storage
Once your paperwork has been uploaded to Dext, it will be stored for a minimum of ten years in compliance with tax laws. The online archive is searchable so you can find documents from particular date ranges, amount ranges, suppliers and much more. That means in the case of an audit, you can provide documentation within minutes.