Changelog

The latest updates and improvements to Tola


Taxpayer information support

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Download 1099 data and seamlessly collect W9s from your 1099 vendors with the new 1099 Form and W9 collection feature.

Upload or request a W9 from any contact under Contact → Details, and download your 1099 Form from Settings → 1099 Forms.

Enable early access.


Notification settings

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Take control of your inbox by customizing which emails you receive from Tola with our new notification settings.

Just head to Settings → Notification to unsubscribe from Tola emails that aren’t relevant to you, helping you cut down on noise and reduce inbox fatigue.


AI-powered Assistant

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Forget about manually processing documents into bills or invoices - you can instantly extract contract, bill, and invoice details with our new AI-powered Assistant.

Enable early access, then head to the Assistant page to get start.


Payment Sync with Quickbooks and Xero

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Automatic synchronization of payment information now ensures that paid bills and invoices are seamlessly updated in Quickbooks and Xero.

Save time by skipping manual reconciliation for all payments made via Tola.

See how Accounting Sync works in our FAQ.


Logo on invoices

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Add your company logo to invoices to create branded and recognizable invoices.

Go to Settings -> General and upload your logo under the "Company Logo" section.

Discover how to add your company logo in our FAQ.


Approvals for vendors

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Set approval rules for specific contacts, allowing you to gain more control and flexibility over your bill workflows.

Tailor approvals for each of your contacts and ensure the right level of oversight for every transaction with Tola.

Set up supplier-specific approval rules now.


Tola Push repayment upgrade

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You can now easily manage Tola Push repayments, change bank accounts for future payments, and retry failed transactions directly from our app.

This flexibility ensures you can pay from any bank account, reducing the risk of repayment failures and empowering you to quickly resolve any issues that may arise.

See how to update bank account for a repayment in our FAQ.


Card and bank account naming

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Name your cards and bank accounts, allowing you to easily identify and organize multiple payment options.

Simply navigate to Settings -> Cards or Settings -> Banks accounts, select the account or card, and assign a name.

See how to organize your financial accounts with ease here.


Invoice builder

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Create and send branded invoices directly from Tola. Streamline billing with custom payment links, synced line items from QuickBooks and Xero, and automatically generate and attach PDFs.

Manage your invoices entirely within Tola, ensuring seamless branding and fee-free fund collection by visiting the Get Paid page.

Discover how Tola simplifies invoice management by checking out our FAQ.


Auto payments

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Streamline invoice collections and recurring bill payments with Automatic Payments! Save time by automatically paying your recurring bills on time while also enabling your customers to pay invoices automatically, ensuring timely revenue collection.

Easily access Auto Payments by navigating to Workflows -> Automatic Payments. Your clients can enable this feature on the Payment Link when they receive an invoice from you via Tola.

Collect revenue on time and save time by eliminating the need for manual payments of recurring bills with Tola.

Learn more in our FAQ.


Get started with Tola

Book in a call with our team, who will walk you through the Tola product and how it can benefit you and your clients.

© 2025 Tola Inc. All rights reserved.

  1. Tola is not a bank. Banking services are provided by Patriot Bank, N.A, Member FDIC. Deposits are FDIC-insured through Patriot Bank, N.A., Member FDIC. Account opening is subject to registration and ID verification.
  2. Tola Push services are available for qualified businesses and subject for approval. Displayed fees on this websites are examples, actual terms depend on the individual business's credit eligibility. Please visit our Terms of Service for more details. Read our Privacy Policy.
  3. IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account. WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.