Benefits of the FitBooks Online Systems for Clients:
- Really simple systems save business owners lots of time and money
- Easy and responsive communication with your FitBooks Online accounts manager who will provide support and assistance quickly as needed
- Improved systems for managing your Accounts Receivable and Accounts Payable, so that you can get paid on time and will always know what bills are due.
- Fixed price bookkeeping packages are better for budgeting and cash flow, can plan for the costs and there will be no other hidden charges.
- The work will be carried out by qualified bookkeepers ensuring accuracy, timeliness and compliance in meeting all ATO, Fair Work and other legislative requirements for the financial and wages functions of the business.
- Will avoid costly mistakes and penalties from inaccurate entry from inexperienced or not suitably qualified staff (or owners).
- If not already in place FitBooks Online will introduce online accounting software Xero to the business. Advantages of using online software include:
- Web based system, which means anywhere, any device access, and works with all the popular web browsers;
- Businesses can produce and email invoices on site using tablets, phones, notebooks;
- Paperless office, all bookkeeping records will be stored in the cloud with the Xero entries, no need for backups;
- Supports multiple users;
- Automatic updates of software;
- Share live data with bookkeepers, accountants, advisors;
- Automated data entry and bank feeds;
- Improved reporting and online access to ATO and many other services;
- Full payroll system.
- FitBooks Online is an ideal solution for those many Business owners who are time poor and get well behind in their bookkeeping because there just isn't enough time in the day to keep up with all the tasks required to run the business.
Even more benefits:
- The FitBooks Online model will free up significant amounts of time for Owners and they will become more efficient. They will be able to spend more of their valuable time being creative and productive, and doing what they do best to promote their companies, look after their clients and earn $$ for the company or spend more time with their families.
- Reduced stress levels, Owners will have peace of mind knowing their books are in the hands of professionals, are accurate and up to date and compliant. Won't have to worry about a visit by the ATO and will always have current financial information for banks, accountants and loan brokers if necessary.
- No staffing hassles or costs for bookkeeping personnel (eg super) within the business. This is always a problem when experienced bookkeeping staff leave and new personnel need to be recruited and trained. With FitBooks Online consistency of service is guaranteed.
- Spouse will be happy, won't have to do the books.
- Owners will have real time/up to date business intelligence to work with and to make important business decisions. Management Reports will be provided showing how the company is performing on a monthly basis.
- Savings in accountant bills due to the excellent quality of the business accounts and records, and ongoing collaboration between FitBooks Online and the company accountants.
- Outsourcing specialist tasks is an established concept for business development and growth. Businesses that use professional bookkeeping services prosper, it’s as simple as that.