So how do you know if you’re using the right accounting software? The one that’s best suited to your business? There’s a lot to choose from and if you’re not an accountant or a bookkeeper it can be daunting to know what system you actually need.
The systems available today are powerful and sophisticated and while they can appear to be user-friendly, there will be many features you won’t be using or may not be using correctly.
It’s important to have at least a basic understanding of your accounting software package and its features and capabilities. If it’s too complicated for your business and/or your level of accounting expertise then it’s not going to give you the most benefit, no matter how many bells and whistles it has.
Conversely, it may not be adequate to handle the complexity of your business and provide the depth of reporting you need.
Installing and correctly using the right accounting software will save you untold hours of stress and worry because all of your records will be backed up, sorted and organised. You’ll know what’s owing to you or what you owe and when? But the best thing about using the right accounting software is a greater ability to track income and expenses and find areas in your business where you can better manage and maximise your cash flow.
The team at Bookkeepers on Call have extensive experience using all of the major (and most of the minor) software packages including Myob, Xero and Quickbooks, to name a few. We can advise and install the perfect software for your business. We can also provide training so you’ll know how to use the system you have and make sure it’s being used to its full extent.
It’s important for any small business owner to outsource the areas you don’t fully understand so you can get on with doing the things you are good at and the things that create more income.
Give us a call today or email us, we can provide a free, no obligation bookkeeping analysis for your business.
This article was written by gabi