Synnch can help your business
Reporting
- External reporting
Monitoring
- Planning and budgeting
Access finance for growth
- Plan required finances
Tasks for Accountants and Bookkeepers
- Manage data and documents
File taxes
- Prepare work papers
Overview
One of the biggest challenges in bringing innovation to life is the huge investment it requires. We started Synnch because we wanted to support the people and businesses leading the cutting edge of technology in the best way we knew how.
By helping Australian businesses access government funding, grants and tax offsets, we've been able to contribute to the advancement of a smarter, safer, and more sustainable world. And we're pretty proud about that.
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.
Getting started
Automatically onboard and invite your team to Synnch using your company payroll data, and securely capture their wage or salary data to instantly convert any timesheet created in Synnch to a real-time R&D wage & salary estimate. Compare YTD individual payroll accruals with R&D wage & salary estimates to drive accountability and performance.
Map the expense type accounts within your general ledger that may contain R&D overheads and assign one of two dynamic cost drivers to apportion your overheads to project estimates in real time, or setup your own cost drivers for each project.
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One of a kind!
Response from Synnch
TCA must have for any R&D claim
Response from Synnch