Expenses & Bills

Capture receipts, manage supplier bills, and track every expense automatically.

Track every dollar that leaves the business, from petty cash to supplier payments.

Recording an expense

Three ways to record an expense:

  1. Manual entry — Expenses → New expense. Pick the account, enter the amount, attach a receipt.
  2. Receipt OCR — upload a photo of a receipt and Interbooks extracts the vendor, date, and amount automatically.
  3. Bank import — categorise transactions imported from your bank feed.

Supplier bills

For supplier invoices that aren't paid immediately, use Bills instead of expenses. Bills track due dates and post to Accounts Payable, so you can manage cash flow against payment terms.

Categorisation rules

Under Settings → Categorisation rules, create rules like "Any transaction from Singtel goes to Telecommunications expense". Rules apply automatically to all future transactions.

GST input tax

Every expense or bill can claim back GST input tax if your business is GST-registered. Interbooks tracks input tax per transaction and rolls it into your F5 return.