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Firstly, there are many things you need to consider before you can make an informed decision on what software product is best for you and your business.

Looking at the list below, this is some of the functions Bookkeeping Software can do to make things simpler, more efficient and accurate.

Payroll

If you have staff and are paying wages then you need Payroll. Not only will it track PAYG & Superannuation liabilities, it also tracks their leave entitlements – both taken and accrued so you always know what’s owing.

Superstream

It is now a requirement from the ATO, that all Superannuation payments must be paid electronically. With Superstream employers can pay all contributions in a single transaction.

Quotes to Invoices

You want this process to be simple and quick. A click of a button is all it takes.

Recurring Invoices

You don’t want to keep re-entering the same information over and over again. Save them and simply change the Customer Name or set an invoice to Automatically generate as frequently as needed.

Job Tracking

Do you need to know how much profit you made on each and every job or a particular area of your business? Your Software can do this.

Add Expense to Invoices

Are you paying costs for your customers which need to be on charged/reimbursed? You can easily add this to their invoice while entering it as an expense to be paid.

Debtors Reports

You need to know what your customers owe you and when that money is overdue at any given moment.

Inventory

You don’t want to keep re-entering the same information over and over again. Save them and simply change the Customer Name or set an invoice to Automatically generate as frequently as needed.

Automatic Bank Feeds

Ensures you never miss a transaction and you can create Bank Rules to help with the coding to make it quicker and easier.

Automatic Statements

Sent directly to your customers.

Foreign Currency

Buying or selling overseas? Now you can track historical exchange rates.

Reporting made easy

There are numerous reports you can generate directly from your file to show your financial status.

How Bookkeeping Software can help

If your bookkeeping is done right, this will reduce the accounting fees down the track so best to get it right the first time. Costs for bookkeeping software vary, however they will save you time in the long run.

Your accountant or bookkeeper can login to your live cloud file from their own office and is accessible anywhere, anytime, as long as you have Internet access. Adjusting entries, will only need to be entered once, saving you time & money. It saves all the business history, where it is easy to access. As well as all sales and purchase records.

Auditing if necessary, is shortened due to the fact records are electronic and can be easily found and cross referenced against actual documents, i.e. bank statements or purchases.

Cloud accounting can be accessed from more than one computer and used by several people at the one time.

Cloud accounting is quicker, has enhanced security, reduces the chance of losing data should your system crash, automatic updates,

With our experience & knowledge, we can help you pick the product that is right for you.

So call our office today for and chat with one of our bookkeepers about what software would better suit your business.

Learn how much easier running your business could be.