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The days of dowdy accounting software – that which was made to keep accountants in business and infuriate business users – are behind us.
Lead by several "Software as a Service" providers, old players in the market have been forced to raise their usability game and streamline the weekly, monthly and annual administrative tasks you need to complete to keep things rolling along smoothly.
Today, instead of paying hundreds of dollars each year for the latest version of your software, you can pay a monthly fee that not only gives you anywhere/anytime access to your data, but also is updated whenever a new accounting rule is made law or an old regulation is updated.
The new subscription-based software licensing models means that the old “one license = one computer” system has been smashed. As long as you can get to a web browser and remember your login details, you can raise an invoice, process a payment, reconcile your bank statement and even complete your BAS.
Xero and Quickbooks led the list of PCWorld's listing of the best accountancy software packages for EoFY.
Read the PCWorld story here.