I will be freed from the shackles of QuickBooks!

[Jaffaz]

Interesting, how do you keep track of outstanding invoices if it only allocates income once it’s paid?? I'm currently using MYOB and it does take up lots of my time, recently started doing automatic reconciliation with my net-banking so that save a bit for me. Will have to ask our accountant, Thanks.

[ss_storm]

DF's business is predominantly web-based (web hosting/internet services), so we use a billing system called WHMCS which automatically bills customers and marks invoices paid when they have been paid. It's a pretty neat system, so from there we can see what customers owe money, but from the accountant's perspective he said he doesn't care what money is owed to us, only the money that physically hits our account is of concern to him.
DF is also a tow truck driver, so he's kind of like a sub-contractor for that, so we'll probably have to keep invoicing his 'employer' through Quickbooks, but from the accountants perspective what matters is the amount of money that comes in, and the money that goes out.

He did show us the BankLink system using one of his files which was from a farmer, so it must work for people that use only quickbooks/MYOB as an accounting system. Hopefully your accountant will be able to give you some answers, I guess what helps us is that we have the other online system which virtually runs itself.


Heather- I think I'm already on BB & FB enough might give me a chance to get some sewing done though!

[Calluna]

Heather- I think I'm already on BB & FB enough might give me a chance to get some sewing done though!

not possible. I bet you couldn't make a top for Isaac as nice as the one GMIL made for Isaac /sarcasm. Will post a pic on FB...

ETA- Will have to do it tomorrow, apparently MIL took it back into her room :/

[Jaffaz]

Sounds great, will look into it! DH's a tradie so I have to be on top of outstanding accounts otherwise some customers take their sweet time paying, such a pain.

[Snowy Love]

I use Banklink (I do the accounts for my parents auto accessories shop) but I only do the coding part and send the file to head office to reconcille the sales (from a POS computer system) with the Banklink file and they do the financial accounts and send me the BAS numbers to be put on the form. Its very easy. Are you sending the file to your accountant for the final stuff or can you get the BAS numbers yourself?