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Why you should use accounting software

Why you should use accounting software

Some business owners prefer to hire an accountant, others are more hands on and prefer to do their own books.  No matter who does your bookkeeping, accuracy is important.  We recommend QuickBooks accounting software for most of our small to mid-sized business owners. However, there are others on the market that may be right for you.  Whether you keep track of your books yourself or hire a professional like us, someone should be using accounting software for your business.  Here's why:

  1. You save time on bookkeeping and paperwork because many simple bookkeeping tasks are handled automatically.

  2. You can easily generate reports, so you instantly know where your business stands and who still owes you money.

  3. You can get paid faster with online payments. E-mail an invoice or statement with Online Billing and your customers can easily pay you with a credit card or bank account transfer. (No more waiting for the check in the mail.)

  4. You and your accountant can easily track down and correct errors when they occur. 

  5. You may choose if your accountant or others can work on your books while you do.

  6. You can process payroll for your employees or yourself.

  7. You save typing time and errors by sharing data between your accounting software and popular programs such as Microsoft Excel, Word, Outlook, etc.

  8. You can choose to pay your bills and handle your banking online or simply write checks.  Online banking also lets you download your monthly statement from your participating bank directly into most accounting softwares for easier reconciliation.

  9. Although there are other options on the market, we primarily use QuickBooks because it is a stable, reliable and proven product. We are also knowledgeable in regards to FreshBooks and Xero if QuickBooks is not your first choice.

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