Welcome to Mayday Recharger
Mayday Recharger automates intercompany charges for finance teams of businesses with multiple related entities
Mayday Recharger is helping finance teams across the globe
What a relief to discover Mayday Recharger! Their rules are so easy to set up and the automatic calculations take seconds to process each month.
We were tearing our hair out at month end when it came to our intercompany recharges. Mayday has really met a need to simplify and automate this task.
We set up a demo and trial with the team and immediately signed up for the next year. Mayday has saved us a significant amount of time at month-end, where we need it the most.
How does Recharger work?
1: Create your Recharge rules
Create a set of personalised rules that will govern the automation of your recharges
Base rules off factors such as account code, tracking category, and contact
Decide if the relevant costs and revenues should be apportioned or wholly recharged, and to which entity or entities this applies
2: Run Calculations
Auto-pull through your Xero transactions. Your rules will do their thing, all you need to do is review
Automate calculations, doing in minutes what previously took hours
Review the operation of your rules and make any necessary tweaks
3: Post your Recharges
Once you’ve run your calculations, simply one-click post back into Xero
Post as invoice & bill, or journals
One-click post into both entities’ Xero files simultaneously