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LeiAlia is a new internet protocol that allows for the receipt of a card or contactless payment to be digitally sent to Leila, a smartphone application available on both iOS and Android. Leila then automatically or manually by the user, makes the accounting entry into the correct account or assigns it to the appropriate company or private account.
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The process is simple. When you make a payment using your card or contactless payment method, the merchant sends the payment details to Alia. Alia then sends the receipt to Leila, which automatically or manually by the user categorizes the payment and assigns it to the appropriate account or company.
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One of the biggest benefits of using Alia and Leila is the time saved on bookkeeping. Instead of manually entering each transaction into a spreadsheet or accounting software, the process is automated. This saves business owners, freelancers, and individuals valuable time and reduces the risk of human error.
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In addition to saving time, Alia and Leila can also help with budgeting and expense tracking. With Leila, users can set spending limits for different categories and receive notifications when they are close to reaching their limit. They can also easily view their spending history and identify areas where they may be overspending.
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Alia and Leila also prioritize security and privacy. All payment details and personal information are encrypted and stored securely. Users have complete control over their data and can choose to delete it at any time.
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Overall, Alia and Leila offer a convenient and efficient way to manage your finances. With automated real-time bookkeeping and expense tracking, users can save time and focus on other important tasks. Plus, the added security and privacy measures provide peace of mind. As cashless transactions become more common, Alia and Leila provide a solution to help individuals and businesses keep track of their spending.