The millennial accountants

HOW CAN CLOUD-BASED ACCOUNTING HELP MY SMALL BUSINES?

Bookkeeping is essential for small business owners, it’s how they remain compliant with taxation law and understand the financial health of their business.

Bookkeeping is the backbone of accounting – it:

  • Stores invoices
  • Collates financial data
  • Monitors client payments
  • Maintains stock levels

An easy way to carry out the bookkeeping process is by using cloud-based accounting software. The three main accounting software providers in Australia are:

  1. Xero
  2. MYOB
  3. Quickbooks

AWF Consulting will recommend accounting software based on:

  • How many employees you have
  • How accessible you want the system to be to your staff
  • Your budget
  • How knowledgeable you are about accounting

Reach out  if you would like help with choosing a package for your business requirements.

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