We are often asked why upgarde or software, most of our needs are being met and we just need to fix one element of our systems that is failing. Regardless of if its Inventory Control, Project Job costing or a distribution system, having an ERP system that meets all of your needs will reduce time and costs to your business.
As businesses expand they become more unique and Entry Level Packages like MYOB, Quickbooks or Xero etc no longer meet their needs. Once your business passes its start-up phase you may need to look at an ERP system to meet your developing needs.
InterAcct is a highly flexible system. It can suit a variety
of industries with its different combination of modules but requires professional
services to implement fully, as the system itself is too complex for the most
user to configure themselves. Once up and running it is very user friendly.
Personalising the software means that the business focus and
flows are able to become the default when using the software. This will allow
you to work with the software rather than against it. In a typical InterAcct
installation only a handful of people are involved in working on a handful of
key functions in the software but the changes result in a system better suited
to purpose than an off the shelf package.
We have uploaded a new training video on the setup of the Division and Department module. This 4:30 video covers the basics on the GL creation routine that makes the GL accounts for you. A sales Demo video on the topic will follow
For a number of years people working in the Building and Construction Industry have needed to report on data of who they have had working for them as sub contractors. This data was used to work out if contractors were paying the correct tax, declaring all of their income and as to weather they were really employees or actual Subbies.
This year it will expand to include businesses in Cleaning services, Courier Services. Next year it will be expanded again to include Road Freight Services, Security, Investigation or Surveillance services and Information Technology (IT) services.
InterAcct has a report that pulled this information from the database and enables you to report this data to the ATO for Subbies. The existing report will continue to be able to report the additional types of contractors that you may engage with.
If you have any questions Please contact us or review to the ATO page
Following up on our story regarding Government Grants we spotted a grant for Energy Efficient lighting. We took it up and managed to replace all of the lights in the office with LED lights for $33. Saving money and power.
In all of our years of selling software we have yet to have the phone call from someone that says “I want the complicated system”. Most do ask for a simple system but unfortunately simple is a relative term.
What is simple for some is complex for others and too simple for another. The same process in InterAcct might have multiple methods based on the level of detail (Take job estimating as an example where we have 4 methods) to get around this.
Our goal for most clients is to pick the solution in the standard system that is closest to their needs and then tailor that solution to be the best fit for any shortfall.
The goal of a simple intuitive system is possible with the InterAcct Software application.
One question that I get asked from time to time is what assistance is available to help them with what is a reasonable one off cost to their business. While there are finance options available, another option is to get a government grant.
Grants can be available for many reasons, a recent prospect found 24 options for their industry. While not all might be applicable to their needs, it does not take too long to see what might be available.
The following website is a link to some grants
Things are starting to get busy in the office as new clients start to implement systems over the next month or two in preparation for going live in the new financial year. You can start your InterAcct installation and go live at any time of the year, but every year this is a question asked of us as to when is the best time. I think the answer depends on you and your team.
Sometimes when we are quoting modules people can get a bit lost in all of the features that are in the standard system and what each module might do.
I have recently created a new page that has a summary of each software module that can be purchased with the standard system as well as links to videos and more detailed info on each.
You can find the page at https://www.interacct.com.au/interacct-software-modules-list/
There is a new Demo video which has a quick look at some of the features on the Fixed Asset depreciation module. It runs at just over 2 minutes and is a great little addition to the standard system that can be added at any time.
Well it looks like the House of Representatives have finally passed the legalisation for the Single Touch Payroll to be a requirement for all Australian Businesses. Good news that InterAcct have this feature as part of its standard Payroll module. It was a free update to any existing Users and will be able to run for all sizes to businesses. If you would like more Information give us a call.