Bookkeeping with QuickBooks and XERO - Bookkeeping Made Easy

Hi there! 👋 Artificial intelligence is a branch of computer science that enables machines to complete tasks and make decisions in a way that mimics human actions. Some virtual bookkeeping services and accounting software programs use AI to automate repetitive tasks, including: ✔ Recording data in the correct accounting formats ✔ Sorting transactions into categories ✔ Reconciling accounts against bank statements ✔ Recognizing data from scanned receipts or invoices to identify the vendor and amount ✔ Matching the receipts or invoices to the relevant transactions ✔ Compare employee expense reports against a company’s expense management policy to ensure compliance ✔ Track changes in price amongst subscriptions, suppliers, contractors, and more ______________________________________________________

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