Friday, February 6, 2009

Why Use An Accounting Software?


5 reasons to manage your bookkeeping with financial management software

Are you spending time on bookkeeping tasks? If trying to grow your business or help ensure its continued success, spending time on accounting tasks is not the best use of your time. Your business needs you.

The right financial management software can help. Discover why, if you're using manual methods to manage your bookkeeping, switching to software may make all the difference.
It saves you time and helps you work faster
Bookkeeping isn't as simple as punching in numbers. There are legislative updates to consider, changes to forms, VAT requirements, complex calculations - and more.

But when you use financial management software, you spend less time on accounting details. Why? Because your software does that work for you - with automatic updates as new information becomes available.

It's more accurate, with bookkeeping features that reduce errors
Managing your business's finances with pencil & paper or spreadsheets can lead to errors - from entering data incorrectly to misplacing payments.

Financial management software solutions built for small businesses like yours include features that identify errors for you. And because you're inputting data less when you use financial management software, you don't have to worry about double-entries, typos or other bookkeeping mistakes.

It's easier to use & understand
Think financial management software is complicated? Worried about installation, learning a difficult programme or a bookkeeping task going wrong and being unable to fix it? It doesn't have to be that way.

The right financial management software will include all the tools you need - plus easy set-up, a familiar look and feel and the ability to make corrections if you need to. Reduce your data entry, track payments, create bookkeeping reports and see your bottom line at a glance - easily.

With QuickBooks, there's no bookkeeping experience needed.
It shows you exactly how your business is doing
Great reports can help you stay on top of your business's performance.

With pencil & paper or spreadsheets, generating bookkeeping reports is often a long & complicated process: Spend time deciding what reports you need. Search for related data. Manually create each report - including data entry, calculations & formatting. And repeat the whole process every time you need a new bookkeeping report.

Financial management software simplifies reporting. Just choose a report template, customise it as you see fit - and your software does the rest.

It makes payroll easy
Calculating payroll by hand for one person can be time-consuming - but when you have multiple employees to pay, the task of calculating deductions and writing each cheque and pay slip by hand adds up.

Financial management software with payroll functions makes paying employees easier. That's because it includes automatic legislative updates, built-in accuracy-checkers, simplified tools to print or distribute cheques - and even features to make tax time easier.

QuickBooks Payroll lets you take minutes - not hours - to pay your employees.

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