Unlike big corporations that boast a large finance department, small business owners tend to wear many hats as they wait for their business to take off. From handling the business operations and managing employees, business owners sometimes even handle payroll and bookkeeping.
The good thing is that there are programs and software available today that can make that work easier for you. Quickbooks is one that can help your small business with its accounting. It is very easy to use and can keep track of the basic transactions in your business. Here are three ways that this software can help the accounting part of your business.
1. Increase in productivity – sometimes keeping your books up to date takes too much time and effort, causing you to lose valuable time that could have been spent on another aspect of your business. When you shift to digital accounting, your business processes speed up and you can maintain your books without too much hassle. Because Quickbooks has an app, you can even keep your books up to date during moments when you find yourself with nothing to do. The software also promotes minimalism, as there is not much in the way of paperwork.
2. Less room for error – one of the most frustrating things when keeping manual books is that there is a possibility of human error. This is inevitable in any aspect of life, but when it comes to accounting, a small mistake can spell huge losses that you want to avoid as much as possible. If you use an accounting software, the chances of making a grave error are reduced greatly. Plus, because it is digital, fixing mistakes is easier than when your books are manual.
3. Increase in security – there’s no denying that accounting books contain valuable data. Quickbooks values this and made sure that your data will be protected at all times. The software is password protected, their servers are also firewall protected. They even use the same encryption technology as banks. One fear of potential customers is that their data might be lost, but with this software, you get automatic offsite storage to ensure that you will have a backup of all your files.
The great thing about Quickbooks too is that you can even access your data from anywhere around the world as long as you have an Internet connection. Pretty convenient right? But if you are not keen on having to learn how to operate the software, you can get the services of others who are experienced professionals when it comes to Quickbooks.
Sydney – based Irena’s Bookkeeping Services specializes in small business services. They are experts when it comes to using Quickbooks and have years of experience to back up their claim. You can check out their website and see their list of clients. Based on the reviews, they do give top-notch quality services.
Availing of their services will lessen the stress for you and you get the chance to not only focus on other aspects of your business, but you also get to have time to spend with your family and friends. Contact them today for a free consultation.