A TD Bank survey found that 46% of business owners consider bookkeeping their least favourite task, and who can blame them? Operating from an Excel spreadsheet might be ok for a startup establishing itself, but can leave you vulnerable as your business grows.
Why should I integrate my accounts?
Integrating your accounts package with your POS system offers a whole host of business benefits;
The manual input of accounts data is tedious and time-consuming, attributing to hours of admin time each week. Integrating your accounts removes this step, with your end of day figures automatically pulled through to your bookkeeping software. This ensures you can focus on other business-critical tasks, or spend more time doing what you love.
Sending your accountant reams of paperwork and spreadsheets to tackle each year end is costing you by the hour. An automated accounts module ensures your data is in a neat bundle, with all the information they need at their fingertips reducing the amount of time it takes for them while reducing the cost to your business.
Eliminate human errors
Not only is manual data input time consuming, but it’s also prone to human error. By removing this step you avoid unnecessary and costly errors that could damage your business.
What package is right for me?
Epos Now has partnered with two industry leaders to give you more flexibility and choice when it comes to selecting an accounts module which is right for your business.
Xero is an easy to use online accounting software package that is designed specifically for small businesses. Xero has all you need to run your business - including invoicing, payroll, paying bills, sales tax returns and reporting. Your bank statements are automatically imported and categorised, letting you see your cashflow in real time.
Like Epos Now, Xero is built on the cloud which means you can login from anywhere, anytime, with your PC, Mac or mobile. You can even invite your team and work together on financials and collaborate over your up-to-date numbers.
Sage One is the leading online accounting software that’s ideal for start-ups and small businesses, with over 3 million customer worldwide. Logical and easy to use, Sage One allows you to manage your finances, create quotes and invoices, prepare tax returns and connect to your bank with automatic bank feeds.
Sage One is also a cloud-based system meaning all you need is an internet connection to access you data. Epos Now Sales, Products, Stock, Customers & Suppliers are automatically synchronised to Sage One in real-time. Sage ensures your business remains complaint to payroll legislation, especially important for businesses with seasonal workers and high staff turnover .
If you would like more information on how an Epos Now system could streamline your business, saving you time and money, give us a call today.