Accounting software systems
Accounts systems today provide true interaction between many departments, using single entries to update multiple accounts records or modules, providing their users with the ability to drill down from an account to see the detailed invoicing information and even pre-sales information from CRM applications. Multi-company, multi-currency systems are now common place. The variety and complexity of accounting systems can be daunting for purchasers, requiring a detailed understanding of your requirements and a thorough evaluation of potential suppliers.
Specialist accounting software systems are available for particular industry sectors, like construction, where there are accounting requirements peculiar to that industry. Project accounting solutions are commonly used within organisations where clients are billed according to the time and resources allocated to each particular project.
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Accounting Software Blog
This from Azzure IT... With the HMRC’s ‘Making Tax Digital’ initiative coming into effect in April 2019, all VAT registered businesses with a turnover of over the threshold of £85,000 a year will need to comply. This means that most companies in the UK need to move...read more
Open ECX celebrates its webcontractor construction software service with a Mercedes-Benz driving day
Open ECX, the construction industry’s electronic exchange service, held an exclusive Mercedes-Benz World Driving Day in Weybridge, Surrey on Thursday 4th October. Designed to increase industry awareness on improving the management of subcontractors in construction,...read more
MAM Software is delighted to announce that T & G Timber, a new timber merchant based in the Earlsfield area of London, has selected Trader Online to manage its business operations. The company, which opened its doors in August, supplies timber, sheet materials,...read more
Encon, leading distributor of insulation, interior systems, fire protection and roofing materials, has decided to use Open ECX’s eHub to receive invoices electronically and directly into their finance system. This shift up a gear in terms of invoice processing is...read more
Are your customers paying late? Is poor cash flow keeping you awake at night? Do you struggle to pay suppliers or staff on time as a result of delayed payments? According to the Federation of Small Businesses (FSB), more than four in five companies are paid late. This...read more
Tax expert Liz Bridge delivered another great talk at RedSky’s recent CONNECT User Conference about forthcoming tax changes that will affect the Construction industry. Here’s a summary of what Liz said about Making Tax Digital… There’s an important potential tax...read more