Our recommended software to maintain your accounts and books

August 14, 2022
Regardless of In-House or Outsourced Accounting

Whether your accountant works at your firm, or runs their own practice, a modern accountant would always recommend the use of bookkeeping software. There are plenty of financial solutions that automate redundant financial processes and save you a lot of time.

At Elena Meskhi & Co., part of our on-barding process is choosing and implementing excellent accounting business software. We provide comprehensive training on how to use the platform & upload the client's data on the platform.

Our professional accountants make sure that our clients understand the various components of the software and are able to utilise its features to make informed business decisions.

Do you want tojoin our clients who have  enhanced their business performance since utilising the accounting software?

Benefits of Bookkeeping Software

The benefits of using a bookkeeping software are plenty and they have a prominent impact on business performance. Business owners could have tangible and accessible evidence of their business performance. This in combination with sound accountant advice, would simplify the decision making process for the business owner.

Business owners will not have to worry about losing receipts. They would have a complete picture of their business's finances. They would know their revenue, expenses, and cashflow in real time!

Do you want to know your financial position in real time?

The Software is not a Substitute for the Accountant

One common issue our practice has come across since the large volumes of adoption of the existing financial solutions, is the wrong perception that the bookkeeping softwares could replace your accountant!

As odd as may seem, we have come across several business owners who do their own accounting. What could that do for the business? Relying solely on the bookkeeping software may lead to errors in your VAT returns, and miss out on exemptions or governmental funding.

Your accountant should utilise these software as tools to enhance your real-time knowledge of your financial position. With the professional experience, accountants should be able to advise their clients on vast tax-efficient practices & governmental funding.

At Elena Meskhi & Co., we want our clients to make the best decision that would increase their profits and boost their performance.

Our Recommendation

As accountants, we get to see a lot of amazing new technologies for business owners, but which ones do we recommend for our clients? In this video, we share a few of our favourite pieces of technology, and how business owners can use them to their advantage.

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