What you need

Accurate accounts is the most important aspect of your business What you need? What we do want is for you to realise that the data capture task your accountant does for you, CAN, and SHOULD be done by you, inside your own business. Currently your accountant probably takes your bank statement and re-captures it into his accounting system, in his own offices. He probably does it once a month to do your VAT return, or at best once a week. The more often he does work for you, the more he charges you. Now, with EconoAccounting you can directly import your bank statement, in minutes. This saves you a furtune by not paying for your accountant's data capturing fee. More importantly it also empowers you with your own accounts under your own control. You can now produce accounts for yourself, to help manage your business, or for your bank manager - to get him to authorise, or continue authorising that loan you need. Remember that there are some accounting tasks that you HAVE to do: * Invoicing * Make payment to creditors * Collect payments from Debtors With EconoAccounting you can now make out invoices, and once the payment is received and deposited into your bank account, it will automatically appear in EconoAccounting's cashbook where you can easily allocate the payment to the relevant invoice and debtor. At the same time, once you have made a payment to your creditor, via cheque or debit order or Internet transfer, the amount will automatically appear in EconoAccounting, where it can be automatically allocated to the relevant expense account and VAT automatically applied! With no extra work, and lots of time saved you will be able to prepare your VAT return, (or give the printout to your accountant and ask him to fill it in!). Your time saved, will pay for EconoAccounting in the first month of use. EconoAccounting is a full featured accounting system for the SMME user. In a small business, most transactions are generated via the bank statement. EconoAccounting decided that if a user were able to import the bank statement automatically it would save the majority of the data capturing time, and the inconvenience usually associated with keeping books up to date, especially for the small business owner, who is not an accountant. EconoAccounting is so easy to use, and so quick it will keep your accounts up to date. This is important for many reasons: * Your own financial management Can you really say you always know how much money is in your bank account, how much is owing to you, how much you owe? You cannot delegate this to your accountant! It is your responsibilty to keep your invoices, your debtors and your bank statement up to date. With EconoAccounting, once this is done, you can produce ready for auditing financial statements. How many times have you needed financial statements, for your bank manager or special creditor and not been able to produce it. Is "My accountant is busy with my accounts" is your usual excuse? Now, for the first time, with EconoAccounting, you CAN produce proper financial statements - the accounting software for non-accountants. * Saves Time With EconoAccounting, you will not waste time re-capturing your transactions. The auto-allocate feature of EconoAccounting even saves you time in the allocation of those transactions. It is possible to produce an accurate income statement and trial balance by spending less than 30 minutes per month. * Accurate Since EconoAccounting imports bank statements directly, your accounting system will always reconcile with the bank statement, and reconciling a bank statement is usually the most frustrating accounting task. * Saves Money No more paying an extra employee or accountant to capture transactions. The software does it so easily you could fire your accountant from doing your data capture work.