Collecting, recording, calculating, keeping track and then analyzing a business’s transactions accurately and efficiently is a vital part of business, whether small, medium or large, yet especially in the world of small businesses and start up businesses.

Fortunately, there are accountants available who can do the accounting manually for you and there are a myriad of accounting software for businesses available that are able to complete accounts chores faster and more efficiently than is possible manually. Moreover, with the increased availability and competition in the accountancy services market, nowadays, web accounting software has become affordable enough to be used by small businesses.