Uploaded on May 3, 2022
3 Bookkeeping Add-ons That Will Change Your Life. Selecting the right accounting software can greatly improve the efficiency of your business.
3 Bookkeeping Add-ons That Will Change Your Life
3 Bookkeeping Add-ons That Will
Change Your Life
Any business owner will tell you that there is never
enough time in the day. Prioritising key areas in the
business such as clients, staff, finances, sales, marketing
and general operations, can be difficult.
Technology developments in new cloud accounting
software now offers a number of powerful applications
to help improve time management and help ease some
of the stress and workload.
Here are three bookkeeping ‘Add-ons’ products that
will change your life:
1. Saving you time and money
Receipt Bank is a great tool to help you track expenses
and record every receipt using email or smartphone
application. Scan your receipt using the Receipt Bank
smartphone app and all the information of your receipt
is automatically collected and transferred into Xero or
Intuit QuickBooks.
Using Receipt Bank means that you will not need to
collect every receipt and no more sitting down entering
information manually. The automation helps streamline
the process, saving you and your bookkeeper time and
money.
2. Reduce time to chase old invoices
One of the main challenges with business owners is
managing cashflow. There is considerable amount of
time spent tracking and chasing outstanding invoices.
Debtor Daddy is a great add-on application to help you
track invoices and follow up outstanding invoices. It is
an automated system that saves you time and more
helps you improve your cashflow.
With integration with Xero, Debtor Daddy can be trialed
free for 30 days.
3. Improving Cashflow
Offering additional payment methods such as Visa,
MasterCard and American Express provides
convenience to your clients and will help you improve
your cashflow. eWay is a popular payment application
that gives your clients access to a secured payment
gateway and allows you to accept payments online.
Eway integrates with over 200 different shopping carts.
For a monthly fee, you can now offer your clients this
convenience.
Xero & Intuit QuickBooks offer so many add-on
applications. Identifying which add-on applications will
work for your business needs and learning how to
implement them requires a cloud based bookkeeping
company to assist you.
Choosing the right accounting software can increase
your business efficiency and help you save time and
money. If you would like some help with the
best bookkeeping software for small business, don't
hesitate to reach out.
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