Choosing the right accounting software for nurseries

Everyone is aware of the advances in technology and accounting software is no exception. As well as desktop software, there is an array of cloud solutions which can be tailored specifically to nurseries, allowing you to track costs by project or location.

Cloud accounting packages store their information on a secure website, enabling data to be accessed and processed from anywhere with an internet connection and at any time. There is no need to update to the latest versions as this is done automatically, ensuring all users are on the same version.

Key features can include:

– Bank Connections: – Download bank transactions automatically

– Control cash flow:- Track expected payment dates for invoices and see when money is due in or payable

– Accept payments:- Get paid sooner by accepting different methods of payment like PayPal

– Debtors and Creditors:- Log invoices and run reports to see exactly what is owed at any time

– Claim expenses:- Create expense claims while you are on the go

– Reporting:-Tailor financial reports to understand and track the important information you want to see

For more information and to choose the solution that is right for you, please contact gail.cowan@eqaccountants.co.uk