June 25th, 2025

Product Updates - Jun 25, 2025

Smart Bank Statement Reconciliation with AI

Platform: ๐ŸŒ Web

AI Recon enables users to upload their bank statements directly from the Payments tab to automatically reconcile transactions against unpaid sales invoices using AI. The tool supports CSV, XLSX, and XLS formats up to 5 MB, with a one-month date range limit.

This feature is perfect for:

  • Users managing a high volume of bank transactions and unpaid invoices.

What is the value?

  • Saves time by automating reconciliation.

  • Reduces errors with AI-powered confidence scoring.

  • Enhances visibility on pending payments and unmatched transactions.

Bank statement uploads under โ€œPayment-Inโ€

Matched transactions with Confidence scores

How to use: Link to help article

Generate Elegant Invoices with the New Luxury Theme

Platform: ๐ŸŒ Web ๐Ÿ“ฑ Android

The Luxury Theme is a premium invoice design introduced to improve brand perception. It's automatically showcased first during onboarding and also applied when invoices are shared via WhatsApp, even if a different theme is currently selected.

This feature is perfect for:

  • Businesses aiming to deliver a more polished and premium brand image.

What is the value?

  • Instantly enhances invoice presentation.

  • Drives adoption via onboarding and sharing defaults.

  • Ensures consistent branding in WhatsApp shares.

Luxury Invoice theme settings

How to use: Link to help article

How to Auto-Enter Purchase Bills & Update Stock from a Photo in MyBillBook

Platform: ๐Ÿ“ฑ Android

The enhanced Automated Bill and Stock Entry with OCR feature allows Android users to scan and digitize purchase invoices without using credits. Users can upload PDFs or capture images to auto-extract item and party detailsโ€”now faster, more flexible, and completely free.

This feature is perfect for:

  • Android users who want to quickly digitise purchase bills and stock entry without manual entry - especially beneficial for retailers, wholesalers, and small businesses managing high invoice volumes.

What is the value?

  • Fast scanning with AI powered OCR technology.

  • Detects and tags new items and parties automatically.

  • Lets users review and edit scanned invoice details before saving

OCR home screen

How to use: Link to help article Link to Video demo