Why spend money on software to manage your accounts?
- Can you quickly find out when your bills are to be paid?
- Can you quickly produce your VAT return when required?
- Can you track your credit card payments?
Well, most bookkeeping software packages can do this for you, and much more.
Manual financial bookkeeping can be complex and the production of reports and financial returns is a time consuming task. Today’s PC’s and modern bookkeeping software has changed all that with packages available that will quickly produce all the reports you need to for your statutory returns along with the information you need to manage your company. You still need to input the basic details of debtors, creditors and stock along with the transactions that make up your income and expenditure. However the computer then performs the complex calculations and correlates the information to provide you with all the financial information you need at the touch of a button.
Most packages will:
- Generate invoices
- Remind you when invoices payments become overdue
- Show you which products and customers make you the largest profits
- Generate VAT returns
- Simplify credit control
- Produce graphs to show the financial status of your business
- Automatically reconcile your books with your online back account
- And much more!
You may even find that much of this information can be transferred into the financial package automatically, for example from an epos till or your eCommerce web site.
More information can be found on the Barclays Clearlybusiness site (Click here).
