One of the biggest challenges for an entrepreneur, freelancer or small business owner is growing his or her business. Whether you’re a restaurateur, travel blogger or a tech innovator, scaling up is the only way to go in order to reach new markets as well as new financial heights for the business.
In the accounting industry, this growth requires new accounting complexities that need to be addressed, such as more hours spent on accounting administration and additional paperwork. And for non-accountants, this can result to bottlenecks in the workload, causing unnecessary delays. Fortunately, there are several tools available online to address this critical issue. Continue reading
Reckon Accounts Hosted definitely made a solid return with its faster, better Version 2 that currently utilizes the premier cloud computing provider, Amazon Web Services, breaking away from its initial infrastructure that plagued the service with usage setbacks and disruption.
Reckon Accounts Hosted Version 2 is in HTML5, making it entirely accessible on any browser you prefer. Coupled with Amazon Web Services, you can now generate complex reports and download it in seconds. Let’s take a closer look at the new and improved features of Reckon Accounts Hosted Version 2:
Reckon, the Australian software company formerly behind the distribution of QuickBooks in Australia has mounted a full-scale war on the cloud accounting market with the release of its own cloud accounting software, Reckon One.
Reckon One heavily relies on two edges: user control and pricing. Reckon One takes a modular approach to offer cloud accounting services where users can choose which accounting module functionality to get and which ones to discard. Call it mix and match if you will, but this feature surely poses a great threat to other cloud accounting solutions that offers functionality in a straight-up fashion, which might overwhelm users with other functionality they don’t really use which, in turn, might also leave users the impression of being overcharged.
Subsequently, this modular functionality approach led to a modular pricing structure where users only pay for the accounting functionality they chose, leading to a significant pricing advantage when compared against its cloud accounting peers. Continue reading
One of the most important decisions a small business needs to make is its choice of accounting software. One of the biggest mistakes small business owners make is that they purchase accounting software beyond their business needs and the level of accounting skill. This can lead to considerable frustration and records that amount to nothing more than a ‘computerised shoebox’.
With so many software options available it is easy to become confused, and they range in functionality and sophistication with a price tag match. Small businesses that are looking for new accounting software want self-reliant, self-sufficient, flexible and minimising the time spent on data entry. MYOB bookkeeping and Reckon are 2 very reliable and popular programs used by all kinds of businesses and accountants. Now let’s look into let’s get into the MYOB and Reckon software comparison.
Here are some key points to consider in order to find the right accounting software for your business: