The first step is to select the right cloud accounting software for your business. You may be surprised to learn that very few bookkeepers actually recommend cloud accounting software to their clients at all, with many happy for their clients to use spreadsheets to record their transactions that the bookkeeper then has to transpose into an accounting system.This is double handling the most time consuming and tedious part of the bookkeeping process — and unnecessarily inflating your bookkeeping bill in the process.
Is your bookkeeper “double handling” the most time consuming and tedious part of the bookkeeping process — and unnecessarily inflating your bookkeeping bill in the process?
Other ways your business can become more productive and efficient is by using other technology and apps that integrate with your cloud accounting system. For example, Wave is a free cloud accounting system with a receipt scanning feature. It lets you take pictures of your receipts and bills with your smartphone and automatically extracts the data and imports it into your accounting software.That’s super handy for businesses with lots of transactions to enter each week, but Wave doesn’t allow you to generate a business activity statement. If you’re registered for GST, then you’ll need to file one (typically) every quarter, so your BAS agent will have to go and re-enter all this data into a compatible accounting system. Its payroll add on also doesn’t comply with Australian standards. Other supplementary technology, like the time management app TSheets, which integrates with QuickBooks, Xero and MYOB, isn’t compatible with Wave.
Integrations with Xero, MYOB and QuickBooks
Some of the other popular integrations include:
Receipt scanning (AutoEntry, HubDoc and ReceiptBank)
Find a Bookkeeping Job or a Quality, Local or Remote, Bookkeeper
Visit National Bookkeeping, the online bookkeeping directory, to find a suitable and experienced bookkeeper (including a number of registered BAS agents) available to work in your area, or able to work anywhere in the cloud.