An important part of running a successful, small business is making sure the financial records are accurate and kept up to date. Good, financial software is a must. There are many different financial applications available for purchase. There is also a free online accounting website called Outright that is geared towards helping small businesses manage their finances.
Outright automatically pulls all of your financial information from across the web into one place. It will import your information from sites such as ebay and amazon.com. It will also import your banking and credit card information.
Outright makes it easy to analyze your information since it provides quick view graphs and charts. Graphs and charts are automatically updated, so you always have the most up to date information.
Outright allows you to track where your money is going. You can quickly view what you are spending money on and who your biggest vendors are.
You can also quickly view customer information. You can see who your best customers are and how much each customer has paid you.
Outright helps simplify your taxes by automatically categorizing transactions according to IRS guidelines. A preview of your taxes and what you may owe, is available at any given time. You are also notified by email of any upcoming tax deadlines. With Outright, you can easily track how much customers have paid you in sales tax and how much you need to pay the IRS.
Outright is very secure as it uses 256-bit SSL security, which is what banks use. It is monitored and verified by TRUSTe, VeriSign and McAfee. Servers are housed in facilities with tight security that includes security guards and biometric scanning.
Outright does not allow you to transfer funds. It is only for importing, organizing and categorizing data.
Outright is web-based, in the cloud. Data is backed up regularly and can be accessed from any computer with an internet connection. Since data is not stored on your computer, you don’t have to worry about losing data if your computer is stolen or breaks down.
If you have a small business that is in need of accounting software, Outright may be worth looking into.
Free Online Accounting Outright
Comments
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Very useful tips for small business owner like me!! I'm following the exact ways mentioned here to make my business successful. Thanks for nice contribution.
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