Expense Tracking for Startups and Small Teams

OneYukti's Expenses app gives a small team a claim process that does not depend on anyone's memory. Whoever spends takes a photo of the receipt, and OCR reads the merchant, date, amount and currency. AI assigns the category based on the merchant and past patterns. Software bought in dollars goes through multi-currency support and is converted at the transaction-date exchange rate. A founder approves from a phone, and the reimbursement reaches the employee's bank account by direct deposit.

If the company has corporate cards, card transactions import automatically and are matched against submitted receipts, so reconciling the statement no longer means checking every line by hand. Smart alerts chase missing receipts and pending approvals. Approved expenses post directly to the general ledger in the Accounting app with proper account codes. The books therefore stay current through the month, and the CA works from entries that already have their bills attached.

Founders can see spending by category and by person on a dashboard, set a budget for each department or project, and watch actuals against it. How much went on tools or on travel last quarter can be answered straight from the reports. Expense reports include GST tracking, so the tax on business purchases is recorded with each claim. As the team grows, approval routing by amount and department is already there when a second level of sign-off is needed.