Cloud Based Accounting
Here at O'Bryan & O'Donnell we aim to help you minimize the cost of compliance. One of the foundation stones in your business 'wall' is your accounting software and one size certainly doesn't fit all businesses in the digital age. Before we recommend any software program we always ask you two simple questions:
- What does your business need? Payroll, inventory, debtors, creditors, invoicing or a full blown general ledger so you can produce your own financial statements?
- What is your level of accounting skill?
As such, the choice of accounting software will depend on your business needs and level of accounting skill. For that reason we support a number of programs including Cashflow Manager, MYOB, BankLink, QuickBooks and the cloud based solution Xero (pronounced zero).
Increasingly our clients are opting for a cloud based solution like Xero because they let you run your business from work, home or on the go. You can access your record keeping via the internet and invite your accountant or bookkeeper to view your accounts at the same time. This means you can get bookkeeping assistance and valuable advice in real-time.
Log in online anytime, anywhere on your Mac, PC, tablet or smart phone to get a real-time view of your cashflow. This small business accounting software is relatively simple and your data is completely secure, even if your computer is lost or stolen. The attraction of Xero online accounting software is that you can work on any system (Mac, Windows or Linux) plus, there’s a mobile version specifically designed for smartphones like iPhone, Android and Blackberry.
All your invited users have access to the latest version of your financial data and you never need to worry about installing software or updates. With Xero your data is never out-of-date and software updates are free and automatically available when you login.
Ultimately the idea is to let you spend more time working ON your business and less time doing your books. If you would like a demonstration of the software to assess the suitability to your business contact us today. We invite you to book a FREE, one hour introductory consultation to discuss your business software needs. At this meeting you can expect practical advice designed to help you accelerate your business success. To book a time, call us today on (03) 5744 3861 or complete your details in the box at the top of this page.