New businesses will be looking to setup some sort of record of their income and expenses. Xero, Quickbooks & MYOB, and are just some of the packages available for the new business owner to explore.
Most online accounting software has bank rules. This is where certain words which appear in your bank statement like Telstra or Synergy can be automatically allocated to the correct expense account. This saves you from having to try and remember which account code use.
You can also send invoices directly from your accounting program easily with the click of a button.
If you will be hiring staff then there are also time sheets and payroll details to consider.
Account setup is an important part of any business, and when done correctly can save you time and money.
So if you are new to business and don't know where to start, give me a call.
Sharon from Click Bookkeeping
Only a click away