Numetrica Cloud Accounting

Numetrica Cloud Accounting

By Numetrica CityBusiness
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Numetrica Cloud Accounting episodes

  • Your Business Needs a CFO, I tell you why

    CFOs are not just for big businesses.  Small business can have and must have CFOs. Of course, CFOs are expensive however, best to get hire them on  a part time, ie, once a week, 2 weeks, and so on. 

    They will hold your business accountable to be profitable, cut unnecessary expenses, monitor your growth and so . 


    What is virtual CFO?

    Virtual CFO is the acronym for virtual chief financial officer. A virtual CFO is a CFO consultant offering high skill assistance in financial reporting and insights of an organization, just like a chief financial officer does for large organizations.


    Why You Need a Virtual CFO?

    Virtual CFO give your business an edge over competition. Small business can’t afford having a full time CFO. Get huge experience behind your business. Virtual CFO you the best advise and tools to make better business decisions.


    10 benefits of having a Virtual CFO
    • Flexible
    • Experience
    • Accounting professional
    • Solves complex problems.
    • Insightful Reporting
    • Technical know how
    • Strategist
    • See results fast

    • How much does a virtual CFO cost?

      On average about $1500 per week

      20 min
    • How QB Time formerly known as T sheets, can save you more time and empowers you more on keep track of employees work hours.

      How to save more time with QBO Time formerly T Sheets,

      Simply, T sheets keeps track of employees work hours.

      It has a few great features.

      1) where and when the employee started working. This is great if you are sending your staff to different locations and you are not there to see when they started their work

      2) Verify the employee. T-sheet kiosk can take a picture of the employee at the sign in time.

      3) keeps track of lunch and breaks

      4) keeps track of sick days

      5) Keep track of hours worked by projects, so you know how much time you are spending on each client.
         On web, on application and time clock

      6) Scheduling can be easily implemented in T-Sheets/QB Time

      7) reports hours worked to QBO payroll after your approve them.


      So forget about keeping track of working hours in paper or spreadsheet

      If you have a few employees and each report their time by an hour of so difference, you are bleeding cash

      example, 10 employee rounding their hours of work by 30 minutes per day. so 10 employees, 30 minutes = 300 minutes per day

      25 days of work = 25 X 300 = 7,500 minutes 

      7,500 divided by 60 = 125 hours per month 

      125 hours X $20 = $2,500 per month

      $30,000 per year

      This will be saved plus all the hassle of keeping track of the hours. 


      Save time, save money. 


      www.numetricacity.ca






      9 min
    • What is cloud accounting and why you must embrace this?

      In this episode we talk about how cloud accounting can transform your business. Making it better, faster, smarter.


      Cloud Accounting Benefits

      In a nutshell, cloud accounting provides time, delivers supports, focus business resulting in more sales.

      Cloud accounting provides time needed to better focus on business. Cloud accounting can provide the edge or the time that you need to focus on your business and blasts your sales.

      If you are looking for the most effective way to process your business financial transactions, you ought to be using cloud accounting system.

      The cloud is basically a term for using online/internet tools. I think cloud accounting is one of the best practical tools for processing and storing data.

      Information is practically at your fingertips especially if you are using your smart phones and iPADs.

      Accessibility

      Reach your data anytime you want, as long as you have an internet connection and an internet connected device to use. Cloud accounting allows you to work even from the comfort of your own home, using your iPAD, Iphone, laptop, …

      On demand Financial Reporting

      Financial data will link to your cloud accounting software, so press update or reports and it is ready. This is so convenient, you can get daily reports, you can also pay your bills, create and send invoice and collect money. The hours that you will save can translate to enormous benefits.

      Accurate Data

      Human data entry errors are eliminated since data is coming from its source the bank. No more, entering each cheque into the system data is imported in a few seconds. Again, this adds some much time back in to your business where you can focus on expanding or running your business.

      Collaboration

      Add other users to access and edit information such as us. We work with our clients and helped them organize the data even more.

      Cost effective

      Some software is even free! Such as Wave. QuickBooks online can be purchased on a small monthly fees. We like them both. The fees are based on a monthly plan, in our case, we pay for some of our clients’ subscription fees since we can get these licenses at a wholesale price.

      Secure

      A lot of people have concerns about their data being in the clouds. The way I see it, they are better and more protected on for example Quickbooks Online servers than business owners’ computers. Software providers can afford to add extra security to protect clients’ data.

      Upgrades and maintenance

      Cloud based software are maintained and upgraded while they are being hosted on the provider platform. So there is no need to get a patch or installing a new upgrade.

      Final thoughts

      If you need more time to run your business, choose cloud accounting. Cloud accounting solution is cost effective, easy to use, accessible, secure and friendly. We have recommended many of our clients in Ottawa to convert and integrate their data into a cloud accounting software. Your payroll can also go through this method or simply the cloud accounting can also work with payroll service providers.




      7 min

    About Numetrica Cloud Accounting

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    Talking about small business accounting , accounting apps, business management, profits, HST, personal and corporate tax, advantages and disadvantages.