Marin Bookkeeping Network’s Post

It seems like such an obvious question, but no one's asking it: Is your accounting software still living in the Stone Age?? 🚨 In my experience, manual bookkeeping is the dinosaur that refuses to die. But if your clients are growing, can you afford to stick with outdated tools? Ask yourself: Is your software empowering your clients or holding them back? My article cuts to the chase and gives you a glimpse into what client accounting software (like FreshBooks) can do: - Automate invoicing and payments 💸, so you're never chasing money. - Organize client data in one place 🗂️, saving you from endless paper trails. - Generate reports in seconds ⏱️, giving you real-time insights 📊. - Secure client data with top-notch protection 🔐—no more sleepless nights 😴. By investing in client accounting software, you don't just simplify your operations—you make life easier for your clients, employees, and yourself. Accuracy skyrockets, compliance becomes automatic, and tax season is suddenly... manageable. Imagine the hours you’ll save, the errors you’ll eliminate, and the extra value you can bring to every client. 🔗 Read the full article here: https://lnkd.in/d64vUFz9 #AccountingTech #ClientManagement #BusinessSoftware #Automation #FinanceTransformation #CX #Efficiency #AccountingInnovation To cover accounting and other B2B software in your publication, in bias-free and meticulous detail, drop me a DM or email at anwesharoy93.ar@gmail.com.

Cut out the client? Here's how to automate invoice processing effortlessly! Imagine having your clients' records updated in real-time, without either of you spending extra time or effort. Sounds too good to be true? 💡 Max Whiteley ☁️ BFP ACA and Jim Denyer have another pro tip: Use Dext’s Email-in feature! 💻 🔑 How it works: 1. You receive a personalised email address to forward purchase invoices and receipts. 2. Dext extracts all the key data and prepares it for export into Xero, QuickBooks, or your accounting software. 3. No more manual entry! 🙌 Now, here’s a game-changer for your clients: Ask them to tell their suppliers, "Please CC our new accounts email when sending invoices," using your Dext email-in address. 🤩 This means: ✔️Invoices automatically enter Dext—no forwarding needed. ✔️Dext extracts the data with 99%+ accuracy. ✔️After a few runs, set Auto-Publish to send invoices straight into your accounting software, ready for payment. The result: Everyone wins with improved efficiency! 💪

Biller Genie's plugin seamlessly syncs with QuickBooks, allowing you to create invoices as you normally would. The magic happens once you click save. The Genie takes over by automatically emailing the invoice to your customer for payment through a hosted guest checkout page. Your customers can conveniently make online payments using a credit card from anywhere. And the best part? Once the payment is received, the invoice is closed in your accounting software in real-time.

💻✨ **Streamline Your Finances with Accounting Software!** ✨💻 Say goodbye to tedious tasks and hello to efficiency! 📈🎉 Using accounting software can automate repetitive tasks like invoicing and expense tracking, giving you more time to focus on what truly matters. Here’s how accounting software can transform your financial management: 📧 **Automated Invoicing:** Generate and send invoices with just a few clicks, reducing errors and saving time. 📊 **Effortless Expense Tracking:** Automatically categorize and track expenses, ensuring accurate and up-to-date records. 🔔 **Real-Time Updates:** Get instant insights and updates on your financials, helping you make informed decisions. 📅 **Time-Saving Features:** Set reminders and automate recurring transactions to keep everything on track effortlessly. Let MVS help you harness the power of accounting software for a more efficient and streamlined financial process! 🌟💼 📞 Contact us today to explore the best tools for automating your accounting tasks! #Bookkeeping #Efficiency #MVSBookkeeping #UnparalleledCommunication

Fair play to TaxCalc for taking on the topic of "Extracting maximum value from your software" in a webinar this week. I'm not sure anyone involved knew quite where the webinar would go and, for me at least, that made it all the more interesting. And it got me thinking about a massive software issue, hidden in plain sight, that didn't really come out in the webinar which is: 🔵 Why don't businesses, bookkeepers, finance teams and accountants make better use of accounting software? I've got a blog on this which I'll link to in the comments but I think the nub of the issue is: 🔵 How well do the bookkeepers, finance teams and accountants actually understand the business they're doing the accounting for? If you understand the business then you can: 🔹build an appropriate chart of accounts 🔹classify sales and costs appropriately 🔹enter data with a view to how it will appear in reports 🔹create financial reports that fit the business and can be acted upon And, where relevant, you can activate tools within the software such as: 🔹classes or tracking categories for profit centres 🔹project accounting If you don't know how to do some of this then one of the salient takeaways from the webinar was to ask your account manager at the software vendor for help. So, are you extracting maximum value from your software? Don't overlook the software that's hidden in plain sight. ps - check out TaxCalc webinars - they're worth having a look at pps - not all functionality and certainly not all apps are useful, so be prepared to conquer your fear of missing out

🚀 Could Your Chart of Accounts Be Holding Back Your Business Growth? When transitioning to new accounting software, it’s tempting to copy the old Chart of Accounts (CoA) and move on. If it’s 'worked' so far, why change? But what if your current CoA isn’t meeting your business needs anymore? Maybe it’s too vague, doesn’t align with your growth, or complicates tracking actuals and budgets. 🔍 Whether you’re adopting a new system or staying with the current one, now is the perfect time to make improvements - following are a few tips: 🛠️ Ensure your CoA reflects where your business is today—and where it’s headed tomorrow. 🔍 Add clarity by defining each account’s purpose and ensuring proper roll-ups for insightful financial reporting. 📊 Build a structure that simplifies tracking and reporting, empowering smarter decisions. While accounts can be added later, having a thoughtfully designed system now saves time, confusion, and headaches down the road. 💡 Recently, I worked with a client during their system transition, turning their CoA into a tool that supports growth and financial clarity. Is your Chart of Accounts working for you - or against you? 🌟 What’s one feature you wish your accounting system had? 📬 Have questions or need help with your CoA? Let’s connect!

Streamline Your Lease Accounting with Precision and Ease In today's dynamic business landscape, finance and accounting professionals need robust and flexible tools tailored. Black Owl lease accounting software offers just that. With a platform designed to simplify and automate the complexities of lease management, Black Owl is the solution professionals are turning to. Whether you are managing a small number of leases or overseeing a vast portfolio of leased assets, Black Owl is engineered to deliver accuracy, compliance, and time savings. Our software adapts to your business scale, ensuring that you're equipped for today and ready for tomorrow. Embrace the power of the most complete lease accounting solution on the market with Black Owl Lease Accounting and turn your focus to where it matters most – your business's success. Discover why more companies are making the switch to Black Owl for lease accounting. Your portfolio deserves the best. #LeaseAccounting #FinancialManagement #BusinessGrowth #AccountingSoftware

Streamline Your Lease Accounting with Precision and Ease In today's dynamic business landscape, finance and accounting professionals need robust and flexible tools tailored. Black Owl lease accounting software offers just that. With a platform designed to simplify and automate the complexities of lease management, Black Owl is the solution professionals are turning to. Whether you are managing a small number of leases or overseeing a vast portfolio of leased assets, Black Owl is engineered to deliver accuracy, compliance, and time savings. Our software adapts to your business scale, ensuring that you're equipped for today and ready for tomorrow. Embrace the power of the most complete lease accounting solution on the market with Black Owl Lease Accounting and turn your focus to where it matters most – your business's success. Discover why more companies are making the switch to Black Owl for lease accounting. Your portfolio deserves the best. #LeaseAccounting #FinancialManagement #BusinessGrowth #AccountingSoftware

In an increasingly digital world, transitioning to digital accounting is not just an option; it’s becoming a necessity. Jones Harris work with leading accounting software like Xero, Sage, and QuickBooks, streamlining your financial processes and offering real-time insights into your business performance. You can find more information here: https://loom.ly/5g3Aac4 #JonesHarris #JonesHarrisCharteredAccountants #TaxAdvice #Bookkeeping #SpecialistAdvice #BespokeService #Fleetwood #Accountants #Finance

Three Elements I didn't Know Previously: Creating Custom Charts of Accounts: Understanding how to customize and set up specific accounts for different business types was new to me. Detailed Company Profile Setup: The process of setting up a detailed company profile, including industry type and contact information, was a new skill I acquired. Navigation of QuickBooks Online Settings: Learning to navigate through various QuickBooks settings, including company settings and chart of accounts, was enlightening. Three Important Takeaways and Future Application: Efficient Accounting Management: Understanding how to create and manage a company’s chart of accounts will help me efficiently set up financial records for future clients. Attention to Detail in Profile Setup: Ensuring that all company information is accurately inputted into QuickBooks is crucial for proper financial management and will be a standard practice in my future accounting work. Leveraging QuickBooks for Client Engagements: The skills acquired will enable me to confidently offer QuickBooks setup services to clients, enhancing my professional profile and service offerings. Feel free to add the screenshots and personal reflections to complete the assignment document. If you have any more questions or need further assistance, let me know!