From Work-Life Balance to Financial Balance

Unless if you’re an accountant or bookkeeper yourself, chances are you don’t like bookkeeping at all and see it as a pain in the butt. Luckily, exactly that can be reduced to the very minimum thanks to smart cloud software.

Goodbye mountains of papers and tedious Excel charts

Whether you are using multiple software at once or you trust accounting software, you don’t have to be worried about papers and Excel spreadsheets anymore as everything happens in the cloud. Paper-based receipts can be easily scanned into the solution where it is processed. Quotes can be turned into invoices within seconds. Invoices can be duplicated from existing ones, new ones can be auto-filled and you can send them via email on a single or a regular basis. Bank statements arrive right into your online bookkeeping, eliminating the need of linking transactions to your invoices.

Click, sit back and enjoy

An accounting solution automates almost everything you can think of. Like we mentioned before, the software recognizes a certain pattern in invoices, therefore when you create one to a client who is already in your clients’ list, parts of the invoice will be automatically filled out. Furthermore, if you have to send the same invoice to the same customer, you don’t even have to create new invoices: do it once, set the sending on a regular basis and enjoy the ride.

However, the best thing is automated reporting: whenever you enter a new expense or income, your reports are updated with the new information. Thus, your accountant, whom you can share your account with, can easily access everything he/she needs and can prepare the necessary business reports while you are still working.

Taking care of employees

With the help of time trackers your employees can actually track their own work time, which will be recorded in the software or can be added to time-based client invoices to show them how much you have worked on a project. Furthermore, certain accounting software can take care of your payroll as well with which you can pay your employees by check or by bank remittance without delay.

Taxing? Child’s play

Many accounting solutions, like Xero or QuickBooks Online, can also handle your 1099s as well: all you have to do is create some simple rules, then the software will filter out all the transactions you need. Fine tune those transactions, and then click to file it, and your job is done.

24/7 access from anywhere

Meeting with a client or buying something for your office? No problem: accounting solutions have stellar apps so you can access almost everything you need on your mobile device. You can draft new invoices while you have a nice coffee with your client, you can see the cashflow of your business while on the way to or from the office and even track the time too. So you can get the job done quickly while enjoying the spare time you save with an accounting solution.