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Is office space one expense your business can live without?
Internet banking is an easily accessible, productivity-enhancing service that many of us use every day for business and leisure. I know I visit my bank website at least once a week to check my balance, pay a bill, transfer funds and more. As technologically-savvy consumers we trust that our banking provider will keep our details safe, as do they. But when third party providers play in the banking arena, acting as a conduit between you and your bank, you have to take a step back and think: is my data still as safe as it can be? Last month, online payments intermediary POLi, landed in hot waters with a few banks. POLi had apparently made changes to its service where they request internet banking details from users. These requests are made through pages which may be mistaken for a bank’s internet banking site.
If you read the business pages, you’ll notice the rise of cloud accounting systems, and perhaps you are wondering what the benefits might be to your business. Today, I’m going to help you strip down the hype and show you how cloud accounting can really help your business
Microsoft’s latest operating system - Windows 8 - will be released in Australia and New Zealand on the 26th October. The release represents a major shift in what we software types fondly refer to as ‘user experience’. In other words, it works differently to what you’re used to. Windows 8, you see, was built for tablets. Essentially, it’s Microsoft recognising (and responding to) the profound impact its major competitor – Apple – has had with the iPad. So Windows 8 looks all ‘appy’ compared to the usual Windows 7 and XP experience. In fact, the first thing new Windows 8 users will notice when they start with it is the complete absence of a start button. Eek! Figure 1: Windows 8 looking all 'appy' This article isn’t just about Windows 8, however. Well, not really. No – today I’m focussed on how MYOB software will work with Windows 8. In particular, how AccountRight will work on new Windows 8 tablets.
Voice over IP got off to a crackly start, but these days using VoIP to save money doesn't have to leave you sounding cheap and nasty. An oppressive communications bill might seem like a necessary evil for a small business, but it's one overhead that you can actually wrestle under control. Rather than using your traditional phone service, VoIP calls travel over data connections such as the internet. You can keep using your old desktop phone, but plug it into a VoIP adaptor rather than the wall socket. Otherwise you can upgrade to a VoIP handset equipped with Ethernet or Wi-Fi.
Cloud accounting systems are revolutionary. How do I know? Well, my accounting practice has been using the cloud for a number of years, and we have shared this passion with many of our business clients. 90% of our clients now use cloud accounting systems too. We have seen firsthand how the cloud accounting systems impact our business clients’ lives. How? The cloud solution has reduced or eliminated redundant, time-consuming work that—let's face it—is the bane of most businesses. Mostly, cloud accounting allows greater access to real-time data, which increases engagement with businesses financials and assists in making decisions. You have probably seen or heard yourself about all the cloud accounting systems that are now available for you to utilise in your business, including MYOB Live Accounts. I would like to share with you some of the reasons clients and accountants love working in the cloud: