Accounting Tools For The Digital Age

ACCOUNTING TOOLS FOR THE DIGITAL AGE From tracking outgoing inventory to determining your company's charity write-off, accountants have an app for that. Which tech tools are most useful to the modern-day accountant? ASSETS AND EXPENSES 84% of finance managers cite manual data entry as their firm's biggest challenge 1/4 More than of firms use the same accounting software from over a decade ago 67% of accounting firms think big data will have a positive impact on their business 81% say they work remotely on mobile devices 2/3 are currently conducting employee training on cloud computing BEST CLOUD-BASED SERVICES Dropbox SmartVault Free app $29/month for basic package (premium features offered for a fee) 2-18GB of free storage Includes up to 2 users and 25GB of storage Allows users to sync files from multiple locations Works with Android, iPad, 256-bit AES encryption and iPhone QuickBooks toolbar lets users easily attach Works with Windows Desktop, source documents to QB entries Kindle Fire, Blackberry, Android, iPad, and iPhone • Over 200 million users worldwide BEST SPECIALTY SERVICES iDonatedit UPS Mobile V $2.99 App V Free App Track non-cash charitable • Instant inventory updates with donations for tax purposes corporate shipping data • Available on most mobile platforms BEST ALL-IN-ONE ACCOUNTING TOOLS FreshBooks Accounter 9.25/10 on toptenreviews.com Up to 10 transactions PER MONTH free JANUARY 5 million customers Voted 45 Features Including: BEST CUSTOMER SERVICE at TechVibes 2013 Tax Filings Inventory Management Invoices Free basic package (best for contractors) • Expense Tracking • Basic paid package $20/month to manage up Balance Sheets to 25 clients • Email invoices and expenses directly QuickBooks ProAdvisor Biggest name in small business accounting software Free mobile-only package for accounting professionals: 37% • Automatic Data Backup to Cloud • Tax Filings of users say it saves 1-5 hours of time per week • Invoices • Free Customer Support When choosing an accounting app or service, remember three simple rules: it should be easy to use, save you time, and fit your budget. The best accounting tools are the ones that work best for your business and lifestyle. Sources http://cloudtimes.org/2012/11/14/tax-accounting-benefits-cloud-mobile-technologies/ http://cloudtimes.org/2012/08/03/survey-companies-prefer-employees-cloud-skills/ http://www.business-software.com/blog/how-much-will-an-outdated-accounting-system-hamper-your-growth-2/ http://www.techcrates.com/accounting-apps/ https://www.dropbox.com/mobile http://www.smartvault.com/pricing/ http://efficiencyquotient.wordpress.com/2013/04/25/smartvault-for-smart-storage/ http://www.ups.com/content/us/en/bussol/browse/android.html http://accounting-software-review.toptenreviews.com/ http://www.freshbooks.com/about.php http://www.accounterlive.com/content/features http://www.entrepreneur.com/article/220004 http://accountants.intuit.com/accounting/quickbooks/online-accountant/