Cloud Accounting offers a real-time, refreshing and alternative approach to record-keeping and accounting for small business owners.
A direct integration with your bank account and the ability to collaborate with your accountant enables more timely and proactive financial support and decision-making for your business.
It is not for everyone of course, and traditional methods are not discouraged, however, the pace of developments in this area provides a real opportunity to uncover additional benefits for your business and to develop a more efficient and effective relationship with your accountants.
Listed below is a small sample of solutions available:
Whatever you preference, Back In Black Books will support your chosen solution.
If the traditional approach is retained, BIBB can offer spreadsheet templates for you to record your income and expenses to ease the recording of your business activity.
However, should the online accounting option be something you are interested in, BIBB can offer:
- Onsite visits to your premises to discuss your business and initial setup.
- Assistance with the changeover from traditional to online, including parallel running of both approaches until you are comfortable.
- Demonstration of software and provision of guidance notes.
- On-call to deal with any queries as they arrive.
- Ongoing collaboration and 1-2-1 meetings to review and assist interpretation of your accounts.
BIBB is a certified XERO partner and a member of the Wave Pro Network fully supporting these options, however, other cloud-based solutions can be supported where required.
Please view the information below for an introduction to these solutions.
Why Xero? We’re glad you asked.
From baking to bricklaying, consulting to crafting – whatever keeps you busy, Xero makes your business life easier. Xero is online accounting software that connects you with your numbers, your business and us, your advisors. Anytime, anywhere from any device.
1. COLLABORATE IN THE CLOUD
Bringing more heads to your books is easy with Xero. Just give us access and we’ll log in, look at your numbers and give you advice. Perfect for spotting opportunities and nipping problems in the bud.
2. MOBILE ACCESS
On the move? Access accounts, check balances, upload receipts and invoice customers from your smartphone or tablet (while kicking back at your favourite cafe) with Xero’s iPhone or Android app.
3. RECONCILE FROM ANYWHERE
Xero receives your bank statements automatically via a secure connection, making it a breeze to reconcile and gain a complete and up-to-date snapshot of your business from the breakfast table to your favourite coffee shop. And if something doesn’t look right, leave a comment. We’ll log in and give you a quick health check.
4. PAINLESS PAYROLL
Being an accounting and payroll solution in one, Xero turns the old days of manual entry on its head. Super payments and tax updates are automatic, plus a special portal gives you a complete snapshot of your payroll and leave.
5. INVOICING HELPS YOU GET PAID FASTER
Login and send an invoice the minute a job is done. You get notified when your customer opens the invoice, and he or she can pay you online right away. And we know that staying on top of your old invoices is hard work. So we’ll check in from time to time and make sure you’re getting paid as much and as fast as you deserve.
Wave Accounting features
1. Mobile Invoicing
Create professional invoices you’ll love, wherever you are – with invoicing, insights, and available credit card payment processing.
2. Unlimited invoicing (absolutely free)
Send customised, professional invoices, and get paid fast. It’s free, no matter how many customers you have, or how many invoices you send.
3. Easy Accounting
Do all your accounting and bookkeeping, quickly and easily, and never pay a penny. Real double-entry accounting that actually makes sense to non-accountants.
Deductions and tax calculations, guaranteed accurate? Check. Direct deposit? Check. Everything made easy? Check.
5. Accept Credit Cards
Add a “Pay Now” link on your invoices and accept credit card payments instantly. A simplified application process with a low, easy-to-understand flat fee.
6. Personal Finances
Keep track of your personal finances and investments. Track stocks, and set budgets so you can spend smarter. Everything you need to know about your money now lives in one place.
Intuitive and easy to learn
KashFlow is designed to help make running small business (and larger companies) easy, without you needing any accounting or bookkeeping knowledge. So you’ll be able to pick it up quickly. You can also try KashFlow Free for 14 days, and if you need it, there’s an online help section with video tutorials and more, as well as free email support.
You can use KashFlow anywhere
KashFlow is “cloud hosted”, which means you can use it wherever you have internet access. That’s really convenient for any size business from small to large, especially if you have staff in different locations. Or, if you’re visiting a prospect and want to issue a quote, there’s no need to wait until you return to your office. Our accounting software can be used on your smartphone, letting you create quotes on the go that you can email directly. It also means that, if your computer goes kaput (a nightmare for small businesses) the accounting data for your business is safe – because it’s hosted on our secure servers.
Quick & easy to set up
Because KashFlow is online, there’s no download required. You just need to register to get started using KashFlow for free. Then just log in from your chosen device and begin using it.