Top 7 Advantages of Accounting with Real Time Service
Using our Real Time service means that any business transaction will be immediately recorded into QuickBooks or Xero with a turn-around time of exactly 1 business day.
Benefits/Advantages of Real Time Services
- Transactions entered by the business will be immediately recognized in the books.
- Users will see the position, performance, and any other financial data in real time.
- Any requests for changes in the books will be immediately incorporated.
- Real time balances and aging summaries of creditors and debtors can be determined.
- Users can establish the amount of taxes owed to their nation’s tax/revenue departments.
- Information, such as Direct and Indirect Incomes and Expenses, are available in real time.
- Business owners can make decisions accurately and quickly because information is immediately accessible.
Real Time services with QuickBooks / Xero
The QuickBooks and Xero user interfaces make it easy to record accounting transactions on a day to day basis. For instance, QuickBooks and Xero let users link to their banking institutions online. Therefore, they can pull any business transaction entered from a banking feed platform so that a bookkeeper can categorize that item in real time.
