Australian SME Business News and Accounting Articles

Shoebooks has just raised the quality of its business accounting software by integrating a project costing feature. The goal of the integration is to provide another way for clients to increase the viability of their businesses. With the project costing feature, clients can manage the costs of projects so that profit is maximized and loss is minimized.

One business aspect that demands much time and effort from a business owner is accounting. This task requires the owner to keep records of transactions, projects, profits, and expenses updated—all the time. Accounting records should include everything in detail—up to the last cent or digit—and must leave no room for human error. Since accounting is time-consuming, the owner who falls behind with the records will be needing plenty of time to cope up, making managing a business more stressful. Good thing, there is a modern way of keeping financial records: online accounting software.

Accounting software online comes in different types with each type serving a different purpose. And when you need to purchase your own accounting software for business or for other purpose, you have to know each type.

Your business is your life’s work. Therefore, you will do everything to make it grow and reap fruits. There must be a return of investment for it to start making profits. And this can be made possible by using business accounting software.

Many companies have already engaged the services of such small business accounting software for they have seen the changes their businesses have had. They recognize that online accounting software can indeed change their business for the better.

Shoebooks.com.au, Australia’s simple yet comprehensive online accounting software provider, has now grown even bigger and better!

Shoebooks, an Australian accounting software provider located in Melbourne, Australia, was originally established in 2002 to provide flexible, efficient and affordable online accounting software and bookkeeping solutions to small and medium business. Its online bookkeeping and accounting software was originally developed as a primary delivery method that reports to and collects information from clients.

For many years Shoebooks’ managing director, David Dean B. Bus (Acc), has analyzed and developed best practice bookkeeping and billing systems and along with his business partner Michael Szirom, Database Engineer, was able to develop a customized online accounting and bookkeeping solution that stands alone from the competition in effectively servicing the SME sector.

Often called “the language of business”, accounting lies at the heart of a business, serving as the backbone of core business operations across the entire company.

Accounting provides much of the information that owners, managers, and investors need to evaluate a company’s financial performance. However, managing a business requires attention to many financial details and much more time-consuming without the help of accounting software.