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Create a financial snap-shot quicker
Accountant can provide proactive advice
Provide information quicker to 3rd parties
Helps to analyse trends in business activity
Verifying the books is important to ensure data is accurate. When your books are completed online, your accountant can immediately logon to validate the transactions. Once completed, your books are accurate and you can rely upon the figures for cash flow planning.
An accountant is not just for Christmas (ok, maybe January as well!) If you have an accountant why not get them to work for you during the year - this almost certainly reduces the time they spend on your accounts at the year end.
In order to appreciate how some figures are made up, you can drill down into most reports to see the individual transactions - you can even edit the transactions from these screens, making it easier and quicker to make adjustments.
Using a real-time accounts system in conjunction with your accountant will almost certainly reduce the timescale's that shareholders, investors or bank managers have to wait for financial accounts. Furthermore, knowing that you are on top of your accounts generates more confidence with them, which ultimately benefits you.
Clever Accounts keeps all historical transactions from when you first started using the system, but more importantly lets you display these records easily.
This can lead to greater analysis of figures and helps compare results on a year on year (or month on month) basis.
