Life Interests Testamentary Trusts

Online Accounting and Bookkeeping Solutions

Consider Roy’s case

Roy operates a courier business in the Macedon Ranges. His bookkeeping system is extremely outdated – receipts in shoeboxes and problematic spreadsheeting systems.

Roy approached our office to get an understanding of the new generation of online or cloud based bookkeeping systems available. His current system is extremely time consuming and inefficient.

Benefits of using an online system:

– Ability to receive bank feeds which directs bank transactional data each day to the accounting system, no need to key in bank transactions.

– Improved debtor and invoicing control, which assists in cash flow.

– Access anywhere technology, from a computer, laptop, tablet or phone.

We assisted Roy with a trial version of a suitable product and after completing his first Business Activity Statement he was amazed at the time saved not only at month end but also during the period.

Should you wish to discuss your administration needs please feel free to contact Andrew Marshall or Janine Orpwood on 5427 8100 for an initial consultation.

The content within these articles was correct at the time of writing. Please contact us for updated information and advice. 

We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.

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