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Synnch is an Industry First Platform designed specifically for the claimants of the R&D Tax Incentive. Manage and streamline all of your record-keeping requirements in one place, while using the Xero integration to map and track all of the relevant payroll and expenditure requirements.

Overview

For as long as the R&D Tax incentive has been available there has been a vast record-keeping requirement to substantiate claims. Traditionally this meant that a Claimant would have fragmented record-keeping across multiple platforms, which would leave them open to audit failure risk. For an R&D Consultant, poor record-keeping means a lack of technical substantiation, and excessive resources allocated to sense make the technical narrative and generate a compliant claim. Synnch exists to support both Claimant and Consultant equally, resulting in healthy and compliant claims that reduces the risk for the Claimant and allows the Consultant to spend more time steering the Claimant toward a healthy claim.

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Synnch + Xero

Get the clarity you need on your R&D spend YTD, and motivate your people with clear workflows, achievable recordkeeping strategies, and 24/7 support.

With the Synnch Xero integration, you can map and track payroll and other OPEX to automatically estimate and forecast your RYTD R&D expenditure.

View and export dynamic reports and charts that detail R&D expenditure and wage & salary estimates, by team member, project, core and supporting activity.

Securely access your financial statements and other reports from with Synnch, and invite your account, advisor or R&D consultant to help you setup and configure the integration.

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Additional info

Shared data

Xero
Synnch
PayRunsshared from Xero to Synnch
PayItemsshared from Xero to Synnch
Accountsshared from Xero to Synnch
Tax Ratesshared from Xero to Synnch
Reportsshared from Xero to Synnch
Journalsshared from Xero to Synnch
Employeesshared from Xero to Synnch

App details

Added in 2022

Countries

Australia, Canada, Malaysia, New Zealand, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supporthelp@synnch.com.au

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