1. Startups

Jurnal.id Launches Cash Link Platform

To help MSMEs make financial reports more transparent, a tax system will be added in the near future

Journal.id As a local startup that offers cloud computing-based accounting software services, in the near future it plans to issue new features in the form of online tax calculations and payments. To the media, the CEO of Jurnal.id Daniel Witono revealed the plan at the launch of the Cash Link feature in Jakarta (04/10).

"Currently we are preparing this option for businesses to facilitate the process of calculating and paying taxes. Timeline We can't say for sure but it will most likely be next year."

Currently, Jurnal.id claims to have managed to record transactions of more than $1 billion for its users and connect tens of thousands of users spread throughout Indonesia with hundreds of professional accountants partners. These partners act to assist in the manufacture invoice/ invoices, checking inventory, taxation, payments to making company financial reports directly real-time wherever and whenever.

Cash Link platform launch

On the occasion, Journal.id COO Anthony Kosasih also announced the launch of the Cash Link platform for Jurnal.id users from businesses to individuals who want to have financial reports. In collaboration with Bank CIMB Niaga, all Jurnal.id users and CIMB Niaga customers, can get financial reports automatically with this feature Direct Feeds, which is a product of Cash Link.

"Through the Cash Link platform from Jurnal.id, later, MSME businesses who are still having trouble making regular and transparent financial reports can take advantage of the feature. Direct Feeds This is at Jurnal.id," said Anthony.

The bookkeeping of transaction data from CIMB Niaga accounts can be directly carried out by Jurnal.id on a regular basis. This integration system requires CIMB Niaga customers to fill out a power of attorney document as an official permit so that Jurnal.id can access the bank feeds after going through the activation process from Jurnal.id and CIMB Niaga.

Furthermore, Jurnal.id users who have a CIMB Niaga account can enjoy the convenience that has been systemically arranged to record their financial transactions recorded in the checking account into the Journal application automatically and safely.

"Currently, cooperation for this latest feature has exclusively been carried out with CIMB Niaga bank, but in the future it is possible to collaborate with other banks," said Anthony.

Meanwhile, according to CIMB Niaga's Deputy Chief of Transaction Banking Andrew Suhandinata, this collaboration is an early stage. Furthermore, other interesting features will also be developed for CIMB Niaga bank customers and Journal.id users such as paying taxes online and others.

This Cash Link platform can be used for free by Jurnal.id users and CIMB Niaga customers who want to have complete financial reports automatically.

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