There are better ways to balance the books!
Online accounting software can make all the difference to your business
MYOB or (Mind Your Own Business) is an online accounting software that gives you the ability to handle your business finances like a professional.
Its sounds simple doesn’t it? “Trial MYOB for free”.
But if you are a small business owner, installing and learning new technology no matter how simple, is not always ..well…simple.
Being small business owners ourselves, we know all too well there are some services that just make more sense to outsource.
Using an online accounting software can make it affordable for you to outsource your bookkeeping. Allowing you to concentrate on revenue generating areas of your business (and not areas that leave you time poor).
So, like we would outsource a paint job to a painting professional, with the right accounting software, you could outsource your bookkeeping to a professional bookkeeper without it costing the earth.
There are many reasons using an online accounting software can help you cut the cost of bookkeeping outsourcing fees. The key benefits include:
- Data entry is super speedy – manual entries are time consuming and prone to error.
- Bye bye paper chaos – all documents can be saved online and imported into MYOB
- Improved accuracy –Having less areas to fill in means you are less likely to make errors that can cost you time and money.
- GST filing easier:Having all the information compiled makes running any report you need easy. Plus, programs like MYOB automatically create the figures you will need to file a normal GST return. This saves you from having to sift through multiple sheets attempting to extract details.
- Cost cutting – Information is real time, accurate and easy to access. This reduces audit and accounting expenses. (Cutting costs means you can afford to outsource your bookkeeping😊)
- Financial reports are easy to access –For the savvy business owner things like your business’ cash flow, sales records and order invoices are important for understanding current performance and for future planning. Using a program like MYOB makes generating reports and invoices easy, so you do not waste time extracting and sifting through data to run reports.
There are many more benefits to using online accounting software such as MYOB. Most of all,using online accounting software will save you time and money, make your work easier, as well as help you to be more efficient.
Get started today!
Buffalo Green Business service can get you started on installing the new software and structuring your company finances. In addition we can provide basic training and show you how to maintain order through your online accounting software. We can leave you to manage your bookkeeping or continue to provide a dedicated monthly bookkeeping service – you decide?
There are better ways to balance the books.
Get in touch with us at [email protected] if you would like to find out more about how we can help.