If you are a business owner who’s sick and tired of tax-time headaches, it’s time to think about how to go about things differently in the 2018-19 financial year.
Wouldn’t it be great to get your book work done on time and without the stress? The good news is, you can…
By using a cloud-based accounting system that’s affordable, easy-to-use and comes with support from real people who understand your industry, you’ll be taking your first step towards a better business. And no headaches.
What is ‘the cloud’?
The ‘cloud’ is a platform that holds your data centrally and securely where it is accessible by unlimited users at any time, in any location, using any device including smartphone and tablet. All you need is an internet connection. Your subscription includes automatic software updates and backups.
3 key benefits
#1 Cloud accounting is easy
Cloud-based programs are designed with business owners in mind. They are intuitive and straightforward to use. The systems are flexible and can be scaled to match the needs of a growing or changing business, with options including customer relation management (CRM), payroll, invoicing and accounts receivable. Help, instructions and online tutorials are there to help you get started.
#2 Cloud accounting is secure
Most cloud-based systems are protected by high-level security, which makes them a good option for businesses with limited IT budgets. Also, you can set up different levels of access for employees, depending on your needs.
#3 Cloud accounting is efficient
Having your systems online means you can conduct activities in real time, removing the worries of version control or the need to send large volumes of data through your server.
For business owners and staff members on the move, receipts may be scanned or photographed and uploaded directly into the system for record keeping. No more lost receipts or searching for paperwork at BAS time.
Other advantages include the ability to generate automated payment scheduling, invoicing and invoice reminders which can help you better manage your cash flow. Some systems also allow collaboration with accountants and bookkeepers, as well as data matching with institutions such as banks to reduce your data entry requirements, saving you time and money.
Setting up effective real-time accounting and financial systems is a key step for achieving business success. Armed with our own firsthand experiences of the issues that affect growth and business outcomes, we work with you and your team to implement practical solutions which can make a big difference to the success of your business, with benefits for your personal prosperity too
If cloud-based technologies could help you, please contact us and we’ll provide the assistance and support needed for implementing systems you’ll need to achieve your business goals. Call 07 5479 5499 or email info@vbatax.com
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At VBA we specialise in strategic tax advice, offering tax and financial reporting for individual income earners, family businesses, tradies and construction companies.
Victor Bimrose Accountancy Pty Ltd (ASIC No. 1259423) ABN 53 010 957 294 is a Corporate Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361.
General Advice Warning: This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.
