Up for the count
These are testing times for the accounting software industry. The need for businesses to work smarter, the implementation of a new GST rate and the steady migration to hybrid or online solutions is keeping all the players busy. NZBusiness called ‘time out’ to seek some clarity on accounting software issues and options for 2010.
I picked a bad time to research this story. With the 1st of October GST deadline looming, it seemed everybody I wanted to interview was busy preparing for the big event. Software vendors, accountants and tax advisors were frantically assisting clients to get up to speed for one of the most significant tax changes this country has seen for some years. My own accountant informs me that it has been a relatively busy year for accounting firms too, with a steady stream of tax changes from the National government.
When is it time to upgrade?
Making sense of the options
Julian Smith of MYOB, which offers a free 90 day trial (and 30 day online trial) on its products, agrees that trialling is vital, especially for building trust. He also says it’s important not to fall into the trap of opting for a top end solution with features and functions you’ll never use. MYOB has around 50 products and services to match up with different business segments.
Online, offline or both
A final word
Tasj Paulson and Hugh Spence, owner of GHS with Blue House Computing’s Jill Garrett (right).
Case Study 1:
Gisborne firm gains ‘full function’ system
Case Study 2:
An enduring partnership
Why DIY when there’s BankLink?