Ramp offers the ability to match invoice line items to “expenses” or “items” and can sync both to your ERP.
“Expense” line items are the costs incurred by your business such as rent or office supplies. “Item” line items are any recorded product or service that your business purchases or sells such as Tires or Consulting Services.
How it works
No set-up is required. If inventory items are detected within your ERP, “Item” will auto appear within your Draft Bill and allow you to populate the bill with items synced from your ERP.
Please note, item matching is only supported for the following ERPs: NetSuite, QuickBooks, and Xero
Line Item Matching
During invoice OCR, Ramp will detect if the line item is “expense” or “item” and add line items accordingly.
If it's an “expense” line item, you can match the expense to a GL category in your ERP as well as update additional fields such as department or location based on your ERP configuration.
For “item” line items, you have the ability to match and sync to the corresponding inventory item in your ERP and can edit fields like the item units and unit price.