Are you a small business that is unsure whether you should begin using accounting software? Our accounting experts at Bryant & Associates located in Lincoln, NE, think it’s absolutely important that you do use software. We understand change is hard and if you’ve been running your business manually instead of electronically for the last 20 years then it may be difficult to figure out. However, we promise it’s worth it! Read below to find out reasons why your small business would benefit from using accounting software.
Experience an errors decrease
When you manage your accounts and finances by hand, the chance of making a mistake is more likely; whether it is totaling up numbers, inverting a number, or a slip of the hand makes the number look like another. When you are using software, the totals are tallied automatically and you no longer have to go back and check your amounts to see if they are correct. If there is a discrepancy, you will be able to tell where it came from more easily.
You will have a backup
This is a wonderful feature! You may wonder in the back of your head what you’d do if there was a fire or disaster and all your records were lost. If you have digital files, you won’t have to worry! They will forever be saved in the cloud online. This way you’ll always have what you need when you need it, even on your phone when you are out and about.
Account software can be a time saver
Bryant & Associates understands that time is money! When you are constantly writing out invoices and checks it came consume more time than you’d like. With accounting software or even with an accounting app on your phone, you can get transactions automatically or you can write a check electronically while waiting in line at the grocery store. This way no time is wasted!
You will have reports
As a small business having reports to analyze at hand are extremely important. It allows you to see where your business is headed and where certain aspects need to be tweaked. If you do not have these reports, you will not know exactly where your business is going– whether good or bad. Accounting software allows you to view at any given time a current balance sheet, accounts receivable, or any statements. When you are running the financial part of your business manually you will have to do the reports manually as well. That is just not practical when you are busy and trying to grow your business.
Contact Bryant & Associates, P.C. Today at (402) 423-0404!
Our firm of CPA professionals and accounting specialists are focused on all aspects of small business accounting and tax services. For any questions regarding accounting software or our services in general, contact Bryant & Associates in Lincoln at (402) 423-0404 today. We would love to get you started!