Simply! Just take a picture through the app, crop it and send it – we will take care of the rest. All accounting information gathered by the client while using MYT app is added to his record and automatically uploaded to the secure accountants’ server. Depending on the type of subscription, data might be only stored or transferred to the data entry algorithm, where AI does its magic and extracts data from scans and pictures into an editable spreadsheet. Because of digitization our clients don’t have to worry about losing their receipts and invoices, even when they lose access to their smartphone.
MYT was created to help micro businesses and their accountants keep and process all of their clients’ records efficiently. Adding up receipts will be a thing of the past. Just take a picture of your receipts and the rest will be done by MYT and your accountant.
MYT is not just a record keeping app, it is backed by AI augmented Optical Character Recognition algorithm, which allows us to efficiently extract relevant data from users’ uploads and convert it to spreadsheet format automatically. Data will be divided into accounts and ledgers, taking away the burden of manual entry.