Accountants can now directly sync employee expenses to QuickBooks Desktop with Fyle’s new integration, ensuring accurate coding and faster book closure.
Fyle, an expense management platform that works with customers’ existing business credit cards, is excited to announce its direct integration with QuickBooks Desktop. This integration empowers businesses to seamlessly manage and sync expenses with QuickBooks, eliminating manual data entry and reconciliation. QuickBooks Desktop serves over 1 million customers in 2024, many of whom can benefit from this integration.
With this integration, businesses can automatically sync employee expense data from Fyle, ensuring real-time visibility into company spend. Fyle’s powerful features, like real-time expense tracking, automated receipt matching, and policy compliance enforcement, enable finance teams to close books faster and with greater accuracy.
“Our customers have long requested a seamless integration with QuickBooks Desktop to simplify expense management while fitting into their existing workflows,” said Yashwanth Madhusudan, CEO and Co-founder of Fyle. “This integration eliminates the need for manual data entry, reduces errors, and gives finance teams real-time control over company spend.”
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Key benefits of this integration include:
- Seamless two-way data import and export, ensuring every expense is accurately coded and exported into QuickBooks Desktop automatically.
- Businesses can export credit card and out-of-pocket expenses as Bills, Checks, Credit Card Charges, or Journal Entries based on their needs.
- Users can capture Chart of Accounts, Customers, Jobs, Classes, and Vendors directly in Fyle’s expense form, simplifying reconciliation in QuickBooks Desktop.
Fyle continues to expand its ecosystem of integrations, helping businesses simplify expense management and optimize financial operations. Fyle helps businesses leverage real-time transaction data across any business credit card and accelerate month-end close. With the ability to collect receipts via text messages, Fyle’s platform eliminates the need for accountants to chase employees. Its AI automatically extracts data from receipts, codes it, matches it to the right credit card transaction, and syncs data with the ERP.
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