When I first started my business almost 8 years ago, I knew nothing (Jon Snow) about accounting. In fact; in what may be the most shameful confession I have ever made on this blog, I failed math in University. So. Math. Not my strong suit.
Thank goodness BCIT taught me about taxes and what I could claim and how to do inputs and how to track my income. Otherwise, I’d be sunk.
As a small business owner, accounting software can be your best friend. Especially if that software is simple to use, and does cool stuff, like, say, talk to your tax software when it’s time to do do your taxes. Or be available online so that you can do enter receipts and send invoices from your phone.
Sage 50 Pro is all that and a bag of chips, and I’m giving away 2 copies of the Canadian version, worth $250 each.
Here’s a breakdown of some of its most popular features:
- Tracking Customers and sales: Know your customers and how much you are billing and getting paid.
- Tracking Vendors and purchases: Know your vendors and how much you are spending.
- Canadian tax compliant: compliant with government regulations and standards (important!!)
- Employees and payroll: Efficiently and cost-effectively pay employees in-house and comply with government regulations.
- Inventory and services: Optimize inventory management and control inventory costs.
- Project Management & Jobsites: Stay on budget and help increase profitability.
So, as you can see, Sage 50 Pro is about way more than just accounting!
To enter:
- Comment below and answer the question “What’s your biggest accounting pain point?”
- For a second entry, tweet this:
- That’s it! I’ll draw one name at random from blog comments, and one name at random from Twitter on August 21!
This contest is open to residents of Canada only!
Good luck!
Keeping up with the data entry
My biggest accounting challenge is tracking my inventory and knowing which products sell the best.
Used Simply Accounting years ago and would love to see if Sage 50 is as effective and easy to use.
My biggest accounting painpoint? Where to start? Probably trying to keep track of all my expenses so I don’t miss any write offs while simultaneously trying to maintain my sanity.
finding a way to keep track of day to day expenses and receivables in a way my accountant can use.
Finding a good reliable bookkeeper!!
My biggest accounting painpoint? Trying to get all my organized information in a tidy spreadsheet.
Spending hours trying to help a quickbooks user figure out why their accounts don’t balance and finding out it is because they accidentally posted a transaction in a prior year and it doesn’t show up properly
Ouch!
Accounting? Ummm, the biggest pain point is actually doing it. Yeah.
Haha! TRUTH!!!
Keeping track of accounts receivable and expenses. Balancing budget is always mind boggling.
My biggest accounting pain point is taking the time to get organized. I’d rather play with pretty photos than work on books.
Some of my expenses are in US so having to account for exchange is a huge pain in the butt.
I’m also a failure at math (I took it 7 times in high school~ yikes!) so needless to say I can’t grasp numbers well. Therefore I am also terrible at organizing these numbers. Sage 50 Pro would come in really handy & from what I hear is easy to use for people who need help with their financial records like me!
Biggest pain point is doing the taxes.
All of the receipts!
I forget if I have billed clients. Sigh.