Accounting Software

The ghost workers that haunt the halls of government institutions in Nigeria are frequently in the news. Just recently, the Accountant General of the Federation announced the Federal Government has saved N274 billion over the past two years by using an integrated personnel and payroll system to exorcise ghost workers and leakages from its payroll. Yet public sector institutions and large businesses are not the only organisations that are vulnerable to payroll fraud. Small & Medium Businesses in West Africa are also vulnerable to a range of payroll scams and schemes; they need to take the necessary steps to safeguard their businesses. Some...

As the usage of “the cloud” grew more popular among industries, the accounting field joining the wave is not really a surprise. However, if you’re a business owner without much tech saviness and have decided to read an article about cloud accounting, you’d have a bit of a rough time. While the majority of articles are quite informative, they use complicated terms and phrases that are mostly understood by tech junkies only. This is why we’ve gathered the most important and basic information, replaced all the complicated phrases with normal English, and voilà. Cloud Accounting Vs. Traditional Accounting Software To begin with, we...

It is time-consuming and often difficult to file tax returns. To spend time running your business and allowing less time to go to filing tax returns it makes sense to use tax filing software programs. Keep reading, we will show you some of the best tax return software for your small business. These tools are efficient and accurate, making them great for filling your tax returns. Best Tax Return Software Here is a look at the best software out there for filing taxes for small businesses. 1. H&R Block You can file your taxes online using any device that you like when you use...

Businesses today want more from their accountants. Business strategy, growth planning and future vertical industry trends are all areas that accountants are being expected to input on with knowledge and confidence. Sage’s own Practice of Now 2018 report found that 83 per cent of clients are demanding more today from accountants than five years ago, while 42 per cent also expect their accountant to provide business strategy and advice. It’s likely that many accountants are managing this evolution with a mix of anticipation and trepidation. Beyond the Books With clear sight into a company's profits, losses and operational expenditure, accountants have a...

Do you wish that you, as an accountant, had more time to spend building relationships with your clients and giving them business advice? In my discussions with practicing accountants, I often hear them say that they wish they could spend fewer hours balancing books, preparing reports and recording transactions, and more on adding strategic value to their clients’ businesses. The good news is that a new wave of technologies is automating many of the routine processes that once took up so much of your time. Big data, cloud computing, IoT, artificial intelligence are reinventing accounting across West Africa. Here are some...

Are you still using manual bookkeeping and accounting methods that are killing your productivity at the workplace? If so, it is time for a big change – harness the power of dynamic accounting software to save time and greatly boost task efficiency. Business accounting software applications are the current international buzzword and organizations across the globe have started implementing them as a transformational platform to increase profitability. Accounting software systems automate all accounting operations, along with governing all transactions, data management, reporting and financial activity of a business firm. Business accounting software can prove to be a tremendous asset in the...

Sage (FTSE: SGE), the market leader in cloud business management solutions, today unveiled at the Sage Enterprise Management Partner Summit in Seville, a new implementation methodology for Sage Business Cloud Enterprise Management. Fast Start is designed to implement and deliver projects through the Sage partner channel in a timely and cost-effective manner, providing true value to customers who are looking to get up and running quickly and easily. Customers choosing Enterprise Management with Fast Start can be up and running within two months, helping to reduce initial costs through adopting a standard process and a pre-configured solution. They will also benefit...

Handling the financial aspects of small businesses is more than just getting to the accounting part of it. That is why a lot of businesses today are looking towards ERP solutions like Sage ERP as part of their business toolkit. If, especially as a small business, you have been considering a list of ERP software, here is the breakdown of one of the most popular choices in the market to see if it is the best fit for your needs. From this Sage ERP review, you will be able to better decide whether or not it is worth your money at...

Sage has a lot of business solutions for small businesses, and one of such is the Sage Business Cloud Financials option. The platform is promised to be one that would serve the modern businesses, and that is seen in the offering of cloud services. Does that make it enough for you to commit? Before you whip out your wallet on this piece of software, here is a detailed Sage Business Cloud Financials review to help you make a decision. What is Sage Business Cloud Financials? Sage – the parent company of all products that bear the branding on them – used to have...

While accounting is a very integral part of businesses (as we have deemed it fit to look at the best accounting software here), invoicing is also as important. It is what gets you some of the money that goes into your income column to keep your business alive. One of the top solutions on the market is the Sage One Invoicing Software package (also now called Sage Business Cloud Accounting Invoicing) that promises to handle all such tasks for you. Before you commit to a monthly payment plan for this software though, it is just natural that you want to...

When choosing an accounting software for your business, no matter the scale of such a business, there is surely a lot of things to consider. With the rate at which technology has advanced in the past couple of years, one of the things that you should not trade for anything is the ability of your chosen software to support online / cloud-based services. That is the only way to ensure your accounting data and books can be accessed from anywhere in the world, provided there is an internet connection and internet-enabled device like a mobile phone too. For those that are in...

The Xero Accounting software is yet another management software for small businesses all over the world, much like the Sage Cloud Accounting. It is a cloud-based accounting software that can be accessed almost anywhere and at any time, provided there is an internet connection and also, an internet enabled device. If you have been looking to invest in this software for your small business, here is a general overview and Xero Accounting Software review to help you make a better decision. What is Xero Accounting Software? The Xero Accounting Software is a web-based software that originally came from New Zealand but has...

Choosing the best accounting software for your small business can be a herculean task. Not for the lack of them, but for the fact that there are so many options, there is rarely a sure way to weed out the bad and leave the good ones. Even with the good ones left, choosing the best one from that bunch can still be a little challenging. One of such good ones is the Cloud Accounting option from Sage. If that has been looking like something you want to get involved with, here is a thorough Sage Business Cloud Accounting Review and...

Like many others that have found themselves here, you must have also stumbled on the Sage 50 Accounting Software (formerly known as Peachtree Accounting Software) and needed more convincing before you started putting your money on their plans. Quite frankly, I think that is a great idea. For a platform that offers to do so much that it looks unreal, how do they really keep up to their promises? Are they a scam or are they legit? Whichever it is, you will find out at the end of this Sage 50 Review. What is Sage 50? The Sage 50 Accounting Software is...

Bots are all the rage these days, promising a whole lot of automation and at the same creating fears of the possibility that they could lead to Job losses as companies seek more cost effective solutions. However, Sage’s Ed Kless (Senior Director, Sage Accountants), writes about why Accountants should let bots do some of their work. The article follows below: In the 1800s in Northern France, weaving machines were brought into textile factories, to perform a task that had been done manually for decades. Workers were not happy, believing the machines would take their jobs and kill their craft. In protest,...

Picking the best accounting software for your small business is a very important decision to make. You will want to choose one that is highly usable, flexible enough that it fits your need, adaptable to your industry and giving you the best value for money like Sage One (now known as the Sage Business Cloud Accounting). With the sheer number of accounting software out there, it is an understandably hectic task to finally focus on one. However, one of the best offerings you can go for is that provided in the Sage One Accounting software pack. To help you be sure...

Business is great. The money that even comes with such businesses is better. Where a headache might start coming in is at the point where you need to start tracking your money and what happens to it. This is where billing and invoicing comes in. On that subject, we have already looked at the best accounting software for your business as well as how to make sure you choose the right one for your needs. Today, we are going to explore some of the best billing and invoicing software. If you’re ready to stop running after your clients and get paid...

In an earlier post, we started with a list of some of the best accounting software for small business. If you had seen that list, you will agree that there is no accounting software on that list that is not worthy of using. That is where the confusion sets in. So that you end up choosing just the best accounting software option for your business, no matter the scale. I have compiled a list of things to consider when choosing the best accounting software for business. 1. Cost We would be kidding ourselves if this list started with something else. Your business is run...

We are going to focus on the Best Accounting Software for Small Business. I’ve often heard people ask if accounting software are necessary for small businesses. It is almost like these people leave the important parts of business and consider them things done by the very big brands. The truth is, without proper accounting, I don’t see how you are going to become a big brand at all. Your accounting data should always be the first point of call when making important financial decisions. By important, I mean all. That is where you get an insight into where your money...

Invoicing is key for businesses of all sizes. The best invoicing software tools enable you track and automate your payment. We will be sharing some of the best solutions here, but first here is a story on why invoicing solutions are key for your business. Alan is a professional writer who works freelance online. Teri is a small business owner who manages a growing flower shop. Both Alan and Teri represent the majority of business owners today. They both do not operate the traditional business tenets of hiring professionals such as Human Resource Managers, Accounting and Finance Managers: even if they...