Bill.com is always working to improve your accounts payable and accounts receivable processes! Here are the top features for this month.
Quick Save helps automate bill creation even further, giving you the ability to save suggested bills with one step, right within your Inbox. If we're confident enough in the bill details detected by Intelligent Virtual Assistant, you'll see bill details and an option to Quick Save the bill right on the document in the Inbox.
We have improved the process of searching for and connecting with verified national vendors with more guidance on account number requirements and address options, so you are sure to connect with the right vendor and get your payments applied correctly. Simply grab your account number and the billing address from your invoice and enter or verify them when prompted.
In order to be consistent with new 2021 IRS requirements, we have updated our 1099 categories for GL accounts and added a new 1099 form type field. You can use the options on new accounts, and update any existing accounts with the new options if you plan on using them for transactions in 2021.