Which software do you use for bookkeeping and filing online in your 2020 Practice?

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keepTAB
keepTAB Registered Posts: 1
in Software
Hi All Practitioners working remotely these days! Anyone of licensed accountants here that is using a serverless hosted service! Your suggestions on how to install on a network, to be able to share and collaborate with my team? is google drive any good? if i use Google Drive, how much TB terabytes do I need to run bookkeping software (VT+), store correspondence? or if there any other idea to have a hosted service, I really appreciate it? Anyone using VT or Moneysoft PM?
When filing taxes, whoch software do you use?
Your suggestions or current software that you use for storage/sharing and service access from everywhere, would be helpful to choose best set up in 2020?

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  • Buhir_the_Bookkeeper
    Buhir_the_Bookkeeper Registered Posts: 36 Regular contributor ⭐
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    In relation to online accounting & bookkeeping it is best to use a number of different cloud software’s that tend to link well together.
    in relation to cloud data storage the common ones that work well are drop box, Google Drive, and Microsoft SharePoint,
    To collaborate with numerous team members off site drop box works well with Trello and slack, Microsoft SharePoint works well with Microsoft Teams.
    In relation to video conferencing Google Hangouts and zoom are the current go to software’s in the market.
    In relation to cloud bookkeeping software Xero, QuickBooks, freeagent and sage are all well know.
    Sage seems to be the cheapest now, yet Xero seems to be the most preferred
    Alongside the cloud bookkeeping software, it is very important to install and start using receipt invoice and data capture software. The three leaders in the market are hub doc which comes with Xero, Receipt bank and AutoEntry. These are a must as they save numerous amounts of time and automate the data entry process.
    In relation to tax Software’s Tax calc and Tax filer have a good reputation
    In relation to accounts preparation Tax filer, Iris, Sage VT & CCH are well know.
    In relation to practice management suites. Accountancy manager & SENTA have a great reputation
    For financial reporting and analytics, Xavier, Syft and Zoho & Futrli
    For Proposals, Letter of engagement & pricing software – Practice ignition, GoProposal & Cloud Pricing.
    Lots more to discuss. If you need further advice & guidance on cloud & online accounting, please contact total books.
    Buhir@Total Books_The_Friendly_Accountants
  • djydja01
    djydja01 Registered Posts: 7
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    Xavier and Zoho
  • BrNorton007
    BrNorton007 Registered Posts: 13
    edited April 2021
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    Thanks for the information. I saved my stuff on Google Drive. But due to failures, some of the materials were removed. Somehow I found Movavi Blog and found out which software to choose for storing my files. Thanks to this, I learned how to upload my videos and photos to Android and all the information is always with me.
  • ferry
    ferry Registered Posts: 10 New contributor 🐸
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    We've recently switched to Runeleven.com for our accounting needs and are highly satisfied. It's a comprehensive and cost-effective platform that effortlessly scales to accommodate clients of all sizes, with no extra fees. Its automated bookkeeping feature simplifies tasks by converting invoices and aiding in reconciliation automatically.

    Runeleven also facilitates seamless multi-company accounting, allowing easy switching between client accounts without constant logouts. Its AI-driven features enhance efficiency by extracting data, automating tasks, and boosting productivity.

    Key features of Runeleven include:

    Scalable General Ledger
    Automated AR & AP
    Automated Bookkeeping
    Multi-company Accounting
    Multi-Currency Accounting
    Document Management
    Custom Reporting & Business Intelligence
    Standardized Reports
    Universal Tax Engine
    AI Accounting

    Before Runeleven, manual processes were time-consuming and inefficient. With Runeleven, we've saved hundreds of hours, reducing invoice processing time from over 5 minutes to under 1 minute per invoice. We've achieved high accuracy rates across all fields and experienced a significant increase in no-touch invoices per month. Additionally, Eleven's customer service team ensures a smooth transition and ongoing support.

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