Small Business Tips: Mobile Accounting is Here
Updated: Sep 2, 2020
It’s time to consider accounting apps if you haven't already done so. Did you know you can do a lot of your accounting tasks right from your phone instead of your computer?
Here are five examples of accounting tasks you can do on your phone.
Are you still physically going to the bank to make your deposits? If so, there is an easier way! Simply download your bank’s mobile app, login, and look for the Make Deposit function. Get the check you want to deposit, and follow your mobile banking instructions to electronically deposit it.
Shoeboxes of receipts are a thing of the past. (Thank goodness, we say!) Send your receipts to your accountant simply by taking a picture of them and sending them via email or through a document entry system like Receipt Bank or AutoEntry. You’ll need to set this up to connect with your accounting system, but once it’s set up, it’s a real time-saver.
Wondering how much income you made last month? Download your accounting app on your phone and login to get many of the features that you have on your computer onto your phone. You’ll need to be on a cloud system like QuickBooks Online or Xero, or possibly have a hosted desktop solution in order to have this functionality.
There’s no need to be tied to your desk on payroll day if you can submit or approve payroll from your phone. Many payroll systems have apps you can download so you can be free of your computer.
There’s a mobile app for almost any add-on you might need, such as TSheets for time tracking or Intuit GoPayments for taking payments.
If you find yourself often on the go, having constant access to your business accounts and these features will be beneficial. Feel free to reach out to us if you’d like to find out more or get help moving some of your accounting functions to your mobile phone.