{"id":836,"date":"2023-06-26T05:44:07","date_gmt":"2023-06-26T05:44:07","guid":{"rendered":"https:\/\/www.agilisbooks.com.au\/?p=836"},"modified":"2023-06-26T05:44:07","modified_gmt":"2023-06-26T05:44:07","slug":"3-cloud-accounting-tips-to-save-your-business-time-and-money","status":"publish","type":"post","link":"https:\/\/agilisbooks.com.au\/?p=836","title":{"rendered":"3 Cloud Accounting Tips To Save Your Business Time and Money"},"content":{"rendered":"<h2><span style=\"font-weight: 400; color: #99cc00;\">Accounting tasks don\u2019t have to eat into your business time. With the right cloud accounting software, you can save time and money \u2013 while also getting tighter control over your finances.<\/span><\/h2>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-837\" src=\"https:\/\/agilisbooks.com.au\/wp-content\/uploads\/2023\/06\/computer.png\" alt=\"\" width=\"606\" height=\"343\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Keeping on top of your accounts is a big part of running a successful and profitable business &#8211; but you don\u2019t want to spend all your time dealing with accounting tasks, especially when that time could be spent building customer relationships, or developing new products etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, how do you keep your finances in check, while also spending less time on your accounts?<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li><b> Bringing your accounting into the digital age<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Switching to cloud accounting can be a revolutionary step for many business owners, especially when you look at the ways you can streamline and automate the basic accounting tasks. By using accounting platforms like Xero, QuickBooks, or MYOB, you get all the basics of small business financial management, but with the benefits of smart automation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With most modern cloud accounting software, you can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automate the scanning and digitisation of your expenses and receipts.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatically reconcile your bank transactions with your invoices and bills.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Connect your accounts to other time-saving apps for mileage claims or staff expenses.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"2\">\n<li><b> Getting paid faster and with less admin<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">With a cloud accounting platform driving your business, you also make it easier to send out e-invoices and get paid faster and more effectively. Improving your payment times and cash collection can make a huge difference to your cash flow position and sets the right expectations with your customers \u2013 making it clear that you require payments to be made on time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Using the invoicing function in your business software, you can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Quickly send out electronic invoices as soon as a job is completed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Set up automated invoices to be sent out at pre-agreed points in a project.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Include payment buttons on your invoice, so customers can pay via PayPal or card.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Remove the barriers to payment and speed up payment times.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"3\">\n<li><b> Getting a better overview of your important numbers<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Using cloud accounting isn\u2019t just about automating the time-consuming financial admin tasks. By recording and tracking all the financial and non-financial data flowing through your system, your accounting platform can actually provide you with a goldmine of useful real-time information.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With cloud accounting providing your reporting, you can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Access totally up-to-date real-time information, to improve your decision-making.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Track your performance against targets to see how well the business is performing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Monitor spending and budgets to keep your cash flow under control.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Understand your return on investment when it comes to sales and marketing activity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">See how promotion has driven sales but reduced your profit, due to discounting.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Talk to Agilis Books about setting up a more productive kind of accounting<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">If you want complete control of your finances and business decision-making, updating your accounting software and processes will be key to achieving that goal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Agilis Books can help you decide which accounting software is most suited to your business, and how to maximise the benefits you get from automation and real-time data.<\/span><\/p>\n<p><a href=\"https:\/\/agilisbooks.com.au\/?page_id=13\"><span style=\"font-weight: 400;\">Contact Agilis Books<\/span><\/a><span style=\"font-weight: 400;\"> today so we can help set up a more productive kind of accounting. We can help assist in finding the best solution for your needs from one of the leading software solutions.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>This blog was originally published by BOMA.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Accounting tasks don\u2019t have to eat into your business time. With the right cloud accounting software, you can save time and money \u2013 while also getting tighter control over your finances.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[8,4],"tags":[],"class_list":["post-836","post","type-post","status-publish","format-standard","hentry","category-accounting-software","category-small-business"],"_links":{"self":[{"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=\/wp\/v2\/posts\/836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=836"}],"version-history":[{"count":2,"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=\/wp\/v2\/posts\/836\/revisions"}],"predecessor-version":[{"id":839,"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=\/wp\/v2\/posts\/836\/revisions\/839"}],"wp:attachment":[{"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agilisbooks.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}