How online accounting could make your business life seriously easier

Running a business is hard enough without worrying about doing your accounts. So if there was a way to ease your burden, you’d want to know about it, right?

The concept of online accounting has been around for a while, but it’s only recently that it’s hit the mainstream.

It’s easy to see the attraction. After all, taking your accounting online means you’re no longer chained to your desk or desktop.

And with features like anywhere access, you essentially get the one thing that money can’t buy. More time.

So how do you choose an online accounting solution that’s right for your business?

It’s all about finding a solution that’s easy to use and fits around your business life. With a provider like MYOB, you get the best of both worlds.

From simple solutions that make accounting quick and easy, to feature rich options for the more established business, this tech company offers online accounting for everyone.

Whatever solution you choose, here are a few things that should definitely be on your shopping list.

A big draw of online accounting is its ability to automate key parts of the bookkeeping which traditionally take up a lot of time. Like reconciling your weekly income and expenses.

MYOB say their secure auto bank reconciliation can save you up to 10 hours every month.*

Another thing to consider is value for money. There should be no hidden costs. If there’s a limit to how many transactions or invoices you can produce each month, keep shopping around.

You should be able to talk to someone if you need help, and MYOB scores major points here, providing support by phone, LiveChat or email from 6am to the wee hours, unlike other vendors whose only point of contact is email.

Working with your accountant and bookkeeper should be easier too.

Online accounting lets you and your advisor share information and work on your accounts at the same time. Even if you’re in different locations.

Once you try it, you’ll see it’s a great way to build valuable relationships with the people who can really help make your business a success.

So there you have it. If you’re looking to make the move online there’s a lot to like about MYOB. And if you don’t, they even offer a 90 day money back guarantee. ^

MYOB is Australia’s market leading provider of business management solutions with over 20 years’ experience of working with SMEs. Find out more about MYOB online accounting here.

* Source: Bank Feeds Time Saving Survey of Australian AccountRight users via MYOB Client Insights. September 2013.

^ Terms and conditions apply.

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