Cloud accounting is here, and we at Growth Focus Consulting have welcomed this concept with open arms! After conducting?extensive research to find the best cloud based software, we believe that we have found a winner! Xero is the accounting software that we are now raving about to all of our clients.
Firstly, cloud accounting means that you are no longer?restricted to a computer or an office when wanting to access your accounting software. You can be anywhere?in the world on any internet compatible?device?and have access? to all of your business information. If you have used internet banking ? you have already used cloud software without even realising!
Cloud based accounting can?add value to both you and your business. If you find yourself?relating to the issues?discussed below, then Xero may be the answer for you!
1.?Are you constantly unsure about how to enter a transaction into your current software, do you spend allot of time trying to figure out where to allocate it and end up coding it to an incorrect ledger account?
Xero?nails this problem?on the head?by allowing your accountant to have access to your data at the same time as you. This means that your accountant can advise you on exactly where to code your transactions.
2. Would you like to have a live feed from your bank with real time figures?
Xero ticks this box by providing these figures straight from your bank.
3. When making major financial decisions do you feel the need to consult an adviser?
We believe that by?using the Xero software, you will have better access to accurate financial information. With this information our team can readily assist you and provide you with many more services ? not just compliance. For instance, we can provide a CFO type service if required.
The examples above are just a few issues that have been raised by some of our business clients. The days of bringing your figures to the accountant and engaging them to do your compliance work are coming to an end. Traditional compliance based accounting will become a thing of the past. You will still be required to do your compliance work, however with cloud accounting we can offer you additional services that will add value to your business. As a business owner, minimising your tax is important but growing your business and using cutting edge software is a space you need to be aware of. Our firm wants to be involved in your business to help it grow and excel ? this is a part of our mission.
If you are keen to explore the dynamics of? Xero software and learn more?we have an event scheduled for November, 14th 2012. The guest speaker, Jason Forbes is a specialist Xero adviser who has worked in the accounting software space for over ten years and has hands on experience with programs like MYOB, Sage and Solutions 6. He will explain why he is so passionate about Xero and how it will help you improve your business.
For more information contact Shelly Johal on (07)3812 1420 or email shelly@growthfocusconsulting.com.au
Source: http://growthfocusconsulting.com.au/2012/10/11/xero-means-business/
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