Q: Integrations with other accounting software?
I'm a bit confused on how this would work with other accounting software platforms like Wave Accounting or Quickbooks. If I understand correctly, this is only for expense tracking (not income), correct? Does this mean we wouldn't be able to view P&L statements, track invoices, etc. with the platform? If so, I'm genuinely wondering what the benefit is to use one platform for expenses but need another platform for everything else? I might be missing something though, so please clarify :)
Jaroslav_ExpenseMonkey
Mar 7, 2025A: Great question! Yes, ExpenseMonkey is designed specifically for expense tracking, not full accounting functions like income tracking, P&L statements, or invoicing.
Think of it as a pre-accounting tool that simplifies expense management before data reaches your accounting software. Here’s how it helps:
Expense tracking made easy – Instead of manually entering expenses, users can simply scan or forward receipts, and the system extracts key details automatically.
Better team workflow – Not all employees should have access to the company’s accounting software. With ExpenseMonkey, team members submit expenses for reimbursement, managers review and approve them, and only then does the data go into the books.
Seamless exports – Approved expenses can be exported as a CSV and uploaded into Wave, QuickBooks, or any accounting platform for final reconciliation.
Most accounting tools don’t specialize in receipt scanning and team expense workflows, so using ExpenseMonkey ensures your expenses are accurate, well-organized, and properly reviewed before hitting your books. Hope that helps! 😊