When you run a business, you need to stay on top of your finances. However, that’s easier said than done. Plenty of small businesses still use the tried-and-tested method: filing every piece of paper into a filing cabinet.
Whenever you get receipts and bills, do you stick them into a drawer until it’s time to do up your financial report? With a financial reporting solution, you won’t have to. Does that sound great to you? Take a look at how a software like Qvinci could work for you:
Set Up an Account
Before anything else, you’ll need to create an account. Do you have more than one company? You can register that information there. If you have a lot of branches, there’s no need to worry. The account can accommodate up to a hundred thousand locations.
Add Your Company
Once the initial setup is done, you’ll need to add companies to the account and then to create locations inside those companies. Those locations are where you’ll be putting in those reports once you’ve synced your files with the system.
Sync Accounting Files
This is where you get to link or sync your files to the system for easy access later on. If you’re using Quickbooks or MYOB files, you won’t have to go through the trouble of downloading Qvinci’s Sync App, since these file types are already compatible with the system.
Map Your Accounts
You only need to do this once. After that, you or anyone on your team could use the same map. Once the standard chart of accounts is done, you can start seeing the results and the differences that a tool like this can bring to the table.
The system automatically syncs files connected via the Sync App once setup is complete. Need more files? You can manually or automatically sync them all.
With online reporting tools you can use anytime, building reports and keeping track of your finances should be so much easier.