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"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.”
Automate your intercompany charges with
Do in minutes what previously took hours.
How does it work?
Create your recharge group
Add your different entities as a recharge group
Recharger pulls the necessary information from your accounting system
Set 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
Define how the cost or revenue should be apportioned across the group
Auto-pull through transactions from your accounting system. 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 necessary tweaks
Post your recharges
Once you've run your calculations, you can easily post the recharges that Mayday Recharger creates into your accounting system
Post recharges as invoice or journal
Send recharges back to Xero in just one click
Want to see it in action?
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