QuickBooks > Articles > Benefits of a sound accounting system for your business

Benefits of a sound accounting system for your business

2008-06-01

The advantages of using an efficient accounting software package to manage your business’ books are manifold. The most obvious of these is that a good bookkeeping system will enable you to track your invoices, manage your cash flow, and ultimately, establish whether your company is running at a profit or a loss. 
   
To put it simply, a comprehensive accounting software program will save you both time and money as it facilitates the growth of your business. More specifically, it will help you to: 
 
•    Store information systematically and accurately.

•    Keep your finger on the pulse by allowing you access to your business’s financial information at any time. You will also be able to compare your company’s current financial status with information from previous months, and so gain a useful overview of the direction in which your business is heading.

•    Improve your invoicing system – good small business accounting software will help you by not only enabling faster and more efficient invoicing, but also by allowing you to track your invoices more effectively. Such software will calculate appropriate taxes and any reduced rates automatically, leaving you with more time to concentrate on your business. What ’s more, your invoices can be tailored to suit your company perfectly.

•    Track and keep good record of your receivables and customers. Business software can also help you to stay up to date with overdue payments, and even generate payment reminder letters for your customers.

•    Calculate taxes quickly and efficiently. In addition, you will be able to compare the current year’s tax with the previous year’s tax amount, which will give you valuable insight in terms of what to expect for the next year. 

What is so great about QuickBooks accounting software?

Our highly efficient and customisable accounting solutions work for 3.7 million subscribers all over the world – 45 000 of whom are South African. As the top international seller of tailored accounting software packages, QuickBooks is guaranteed to have the perfect bookkeeping system for your business. Here are some of the reasons why:

It will save you time, and by implication, money. QuickBooks software makes keeping up with tax and VAT requirements, legal updates and revised accounting forms a pleasure. Our intuitive and systematic structure will guide you from installing the software through to doing everything that is necessary for you to keep your business’s books accurate and up to date. What’s more, you can view your company’s financial information at any time, and so, keep your finger firmly on the pulse of your business!    

It grows with your business. The celebrated QuickBooks range of financial software caters for all types of companies, from home-based businesses to large firms. The really great news is that it is perfectly compatible with other software packages such as Microsoft Office, and as your business grows, you can upgrade to a more complex package without hassles or having to start from scratch.

Contact us today to discuss your software requirements. We’re sure to have the ideal accounting software package to suit the needs of your business!

Still not sure, need more info?

QuickBooks SimpleStart - for new and home based business

QuickBooks SimpleStart - for new and home based business

All the essential tools for new and home based businesses.
The simplest way to manage and track money going in and out of your business.
QuickBooks SimpleStart, Accounting Software
It’s easy to manage sales, expenses and customers when you do your company’s books with SimpleStart. SimpleStart has been designed specifically to address small business needs and help them through their first start-up year which is the most critical year. SimpleStart takes less than 15 minutes to set up and with the easy interactive audio tutorials; you are taken through each step of setting up your company.
QuickBooks Pro - manage your business accounts simply and easily

QuickBooks Pro - manage your business accounts simply and easily

Fast and easy financial management for small businesses.
Manage your business accounts simply and easily.
QuickBooks Pro, Accounting Software
All the features of QuickBooks SimpleStart with advanced tools and customisation options to help boost efficiency and improve organisation.
 
 
QuickBooks Premier - fast and easy advanced accounting

QuickBooks Premier - fast and easy advanced accounting

The fastest, most complete way to manage small business finance.
Fast and easy advanced accounting.
QuickBooks Premier, Accounting Software
The next step up from QuickBooks pro, this comprehensive tool meets more specialised needs and gives greater insight to your client's business.
 
 
Quick Payroll - manage all your weekly and monthly payroll needs
Quick Payroll - manage all your weekly and monthly payroll needs
Quickest and easiest way to manage all your weekly and monthly payroll needs.
Quick Payroll is designed to meet the fast growing needs of dynamic South African SMEs.
QuickBooks Payroll, Payroll Software

It simply manages all aspects regarding payroll, including payroll calculations, leave registers, report writing, tax year-end, and more. Quick Payroll interfaces seamlessly with QuickBooks accounting software, which means your general ledger journals will automatically update.

Our solution automatically provides new tax law or statutory upgrades as they arise, keeping you on the payroll cutting edge. What is more, our Quick Payroll is so flexible; it can be used in any industry sector, injecting value into your company, employee and client relations across the board.

Quick Payroll Lite - manage all your weekly and monthly payroll needs
Quick Payroll Lite - manage all your weekly and monthly payroll needs
Quickest and easiest way to manage all your weekly and monthly payroll needs.
QuickBooks Payroll Lite, Payroll Software

Quick Payroll Lite is designed to meet the fast growing needs of dynamic South African SMEs. It simply manages all aspects regarding payroll, including payroll calculations, leave registers, report writing, tax year-end, and more. Quick Payroll Lite interfaces seamlessly with QuickBooks accounting software, which means your general ledger journals will automatically update.

Our solution automatically provides new tax law or statutory upgrades as they arise, keeping you on the payroll cutting edge. What is more, our Quick Payroll Lite is so flexible; it can be used in any industry sector, injecting value into your company, employee and client relations across the board.

Quick Payroll Startup - manage all your weekly and monthly payroll needs
Quick Payroll Startup - for all your weekly and monthly payroll needs
Quickest and easiest way to manage all your weekly and monthly payroll needs.
QuickBooks Payroll Startup, Payroll Software

Quick Payroll Startup is designed to meet the fast growing needs of dynamic South African SMEs. It simply manages all aspects regarding payroll, including payroll calculations, leave registers, report writing, tax year-end, and more. Quick Payroll Startup interfaces seamlessly with QuickBooks accounting software, which means your general ledger journals will automatically update.

Our solution automatically provides new tax law or statutory upgrades as they arise, keeping you on the payroll cutting edge. What is more, our Quick Payroll Startup is so flexible; it can be used in any industry sector, injecting value into your company, employee and client relations across the board.

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Cape Town Course Dates
Cape Town

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14 February

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16 February

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22 to 23 February

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Johannesburg

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30th to 31st January

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6th -7th -8th 9th and 10th February

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13th to 14th February

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15th to 17th February

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20th to 21st February

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13th to 14th February

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16th February