The 'Costs' Workspace

The Costs Workspace contains all of the receipts, invoices and other financial documents that your business uses to purchase goods and services.

This is separate to the ‘Sales’ Workspace, where financial documents for your businesses accounts receivable are extracted and stored.

Each time a user on the account adds a new Cost document to Receipt Bank, we'll extract the visible data and present the item in the Inbox of the Costs section.

You can transfer documents between the Costs and Sales Workspaces by selecting the item using the checkboxes down the left-hand side of the page and clicking ’Tools’ and ‘Convert to Sales’.