we will do it together
There are many different types of accounting systems out there. We can help you to choose the ones suit your business the best. The systems are specialised are MYOB, Xero, QBO, Class and Receipt bank. In SME business, many think additional reports like BAS are unnecessary. However, the computerization of business accounts can thoroughly provide automatic reports to government, which cuts short the hassle in operating businesses.
helping you in the Pros and cons
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Ease of Use
MYOB is the traditional brand and very easy to operate with a few hours of learning. However, on the flip side, it’s reporting function options is more for professional accountant, which makes it less attractive for businesses owners. MYOB born as desktop based and moved to the cloud later.
Xero on the other hand offers a few subscription options based on you business size. It has been designed, keeping in mind the user experience. For online support, the software also provides training facility.
Quickbooks Online (QBO) is own by Intuit and it is the largest accounting system in global scale. They are offering very competitive pricing in Australia to gain market shares. They offers telephone support and allocate great deal of resources to support the accountants and clients.
Xero is no doubt the hero in pulling out easy solutions for businesses. They have a open API apporach and integrated with many other software providers.
MYOB offers automatic solutions to manual tasks, however, it is not as efficient and detailed as Xero and QBO.
QuickBooks Online is a good software for starters with some level of automation.
Did you know ...
- Each accounting system has its unique feature.
- It is composulary to use a software when you have employees and payrolls.
- Your accounting system can integrate with AI systems
- You can …
“I do not fear computers. I fear lack of them."
— Isaac Asimov.
plan of action
know your Goals
Do NOT trap yourself into selecting the best solution as there is no such thing. Each option is double edge sword and there are pros and cons. It is important to know your goals before discovering solutions with us. What your goals? Tips: pay less tax and earn more wealth are NOT goals, they are habits.
Think about your goals and what you really need.
Stick to your plan but don’t be stubbon. Do it right.
Review your plan, review the situation and adjust them accordingly.