MAKING THINGS EASIER
MYOB AND XERO
Armstrong Fleming is dedicated to staying current with technology and accounting programs. Offering a wide variety of options for clients who want to manage their finances efficiently.
MYOB ESSENTIALS – is a versatile and user-friendly accounting software solution that empowers businesses to efficiently manage their financial operations. With MYOB Essentials, you can easily handle tasks such as maintaining a computerized cashbook, tracking creditors and debtors, generating invoices, managing GST returns, processing payroll, and accessing a wide array of reports to monitor your financial health. It’s the perfect tool for businesses seeking a seamless and comprehensive accounting experience.
XERO – Xero is a cutting-edge accounting software designed to simplify financial management for businesses of all sizes. With Xero, you can effortlessly handle crucial tasks such as bookkeeping, invoicing, expense tracking, payroll, and tax reporting. Its intuitive interface and cloud-based platform enable real-time collaboration and provide access to valuable insights, ensuring that your business stays agile and informed. Discover a smarter way to manage your finances with Xero.
PAYROLL
Managing payroll can be a complex and critical task for businesses. We offer personalized assistance to help clients choose the best payroll solution based on their specific needs and preferences.
ACE PAYROLL – May be more suitable for small businesses with straightforward payroll needs. It provides a cost-effective way to handle payroll without ongoing subscription fees. Ace Payroll is typically installed on a local computer, and you pay a single upfront cost for the software. It is a standalone payroll solution that is not dependent on an ongoing subscription fee. Employee information is stored locally on the computer where Ace Payroll is installed. You can send payslips to employees via email, making it convenient for both employers and employees.
ADDING A PACKAGE TO EXISTING SOFTWARE – is ideal for businesses that want the convenience of cloud-based payroll integrated with their accounting software like Xero or MYOB Essentials. This option offers scalability and may be more suitable for growing businesses or those with complex payroll requirements. It offers a more comprehensive solution that combines accounting and payroll functions. Payroll is accessed through an internet browser, There will be a monthly subscription fee. Employee information is typically stored securely in the cloud, ensuring easy access and data backup. You can still send payslips to employees via email with this and it may also offer additional features like employee self-service portals.
OTHER OPTIONS
HOME KEPT MANUAL RECORDS – Maintaining manual records for your business can be a viable option, especially for smaller businesses or those who prefer a more hands-on approach to their finances. We can help guide you through some important considerations and tips for businesses that choose to keep manual records.
Remember that manual record-keeping can be time-consuming and may be more prone to errors compared to using accounting software. As your business grows, it’s essential to assess whether manual record-keeping is still the most efficient and accurate method or if transitioning to an accounting package would be beneficial.