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Accounting systems are often the last thing business owners want to focus attention on GST and tax compliance are often th...
Some quest ions t o ask yoursel f ...  Quest ion 1 The first question to ask is...  Is your current system  fit for purpos...
b. Box Mover  -  Stock measuring and management, so you know how much you ve got and what s needed for future requirements...
Quest ion 2 Would a  cloud system suit you better  See table at end  14 Reasons to Consider Cloud Software .  Quest ion 3 ...
b. Are t ransact ions being ent ered correct l y  -  Sales to right account in Profit   Loss i.e. Sales or Revenue account...
c. Are  cont rol  account s set up right   Do you know if the transactions going to the right control accounts  Control ac...
f . Is t he current f inancial year correct   Has the system been rolled over  Looking at reports for the wrong year could...
i. Tax codes set up right ... -  GST   could some codes be deleted to avoid confusion  mistakes   -  Check  Tax Exception ...
o. Are passwords used and set up right   You may not want everyone to see everything in your system   passwords are a good...
s. Which version of sof t ware if deskt op  Does it need to be upgraded  There could be functions in a later version that ...
Ot her point s t o consider  a. Do you know the total cost of your system, including any products that link  interface  to...
b. Internal staff, such as Bookkeeper or Admin Officers suitability or skills to adequately manage your accounting systems...
Every business has its own particular needs, and if can be difficult if you re not experienced in financial reporting. It ...
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