Why doesnt Smallbiz have an accounts system ?
Smallbiz prefers to keep things like outstanding accounts, personal account details off the front reception desk of a business. We feel that having such vulnerable information at the click of a button and available to staff could be harmful to ones business. Most small businesses are owner operator run therefore they usually do not have time to balance books, reconcile statements or finalise their accounts during business hours. Most people prefer to do this at home or away from the business in a quieter atmosphere without interruptions. An accounting package is really better left to the people who have a dedicated system. Professional accounting systems dedicate their entire practice to a specific area therefore achieve greater results.
Related Questions
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