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Basic bookkeeping software – Part A
Are you still taking a shoebox full of receipts to your accountant ?? Are you still using an excel spreadsheet to reconcile your income and expenses? Do you realise that you are wasting a lot of your valuable time, when using simple accounting software can save a lot of time, heartache & errors. Simple software can also make your accounting system easier for your clients and your accountant.
There are quite a few bookkeeping software options available. We have chosen Xero as an example for you to see what introducing a simple software program can do for you and your business. Once you have seen what is needed, you can then make a decision on what bookkeeping software to use and whether to engage a bookkeeper to do this for you. The basic digital accounting practices covered in this workshop are easily adaptable to other electronic bookkeeping platforms.
WHAT YOU WILL LEARN:
* What is a bank feed?
* Setting up your Chart of Accounts
* Online invoicing made easy
* How to track overdue invoices
* Reconcile your accounts
* Saving important information in Xero