Online accounting software is an essential tool to add to your kit to help you streamline your business processes.

We know you’re often wearing multiple hats and juggling multiple tasks, including managing your accounts. With online accounting software, you’ll have a real-time view of your cash flow and business accounts plus the added bonus of being able to collaborate easily with your bookkeeper or accountant.

We’ve listed a few essential online accounting software requirements to ensure you choose the right one to meet your business needs:

1. You’re a busy tradie on the go, so your online accounting system need to be fully cloud based to enable you to access it anywhere and from any device.
2. The accounting system should have an app to enable you to invoice on the go as soon as the job has been completed.
3. To help you monitor your finances, the accounting system should enable daily bank feeds.
4. The software should have the capability to integrate with job management systems like Tradify, Fergus or SimPRO, and it should have a time sheet management capability which will feed through from the job management system.

As a Master Electrician, you can receive a 20 per cent discount on Xero, MYOB and QuickBooks Online packages*, available only via our financial advisor partner Findex. Learn how you can access this offer and save on your accounting software subscription here.

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