Credit card connector in Workamajig [video]
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Workamajig has a variety of ways of tracking costs that might be project related or not. Now we talked about just regular costs, which may come in from purchase orders or those types of variables. But other things might be from credit cards. And we're talking about credit cards that are company-held credit cards. We have a credit card connector to help with that If you set your credit card connector up it will be able to sync with the credit card company so that any charges made on any of those company-held credit cards will show up in your Workamajig as early as the day after it was posted to the credit card bank. As you can see, when I open up my connector, any of the charges made will know exactly what the credit card company knows at this time. It knows the date of the charge. It knows the amount of the charge. and it knows where the charge was made. But of course, it doesn't know anything else because we have to tell it. And in Workamajig because these charges are here right away, It makes it much easier for us to stay on top of these credit card charges and letting the system know, are any of these charges project related? If so, I can tag them right to that project, or I may even have to split it across multiple projects so I can let the system know Exactly what did I buy? Tell it what item I purchased. And of course, if it is project-related we definitely want to know. Is it considered billable to that project, or are we simply going to be recognizing that cost against the profitability of that project? So making sure that we stay on top of all of the different charges that are happening on our company credit cards, having the ability to recognize what those charges are truly for, and if their project related or not in a timely fashion and not missing out on any billing opportunities that we could have if these charges are indeed billable back to the client. Keeping them in one place, and of course, making sure that anyone who holds those cards doesn't have to think back five or six weeks ago when we finally get the statement in, to rectify what those charges were for.