It is true you don’t need third party documentation to enter transaction data into manager.
It is not true their is no way of auditing third party data against that which is in Manager. The reverse is in fact the case. With the data entry time saved, the user is free to do:
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Bank reconciliations are still useful to check for errors in user data entry
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Manager Invoices can be entered and the associated cost tracking used or via Improvement to payment and receipt forms
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External invoices can be attached to Manager transactions and the content manually checked at that time.
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COA can be constructed to enable simple cross checking with recurrent income/expense streams in an analogous manner to bank reconciliations.