Lost in spreadsheets?
Creating a new spreadsheet often feels like the easiest thing to do when you need to start monitoring values that require regular adjustments like fixed assets, loans, and prepayments, but there can be a lot of issues attached to their use. Examples of the problems experienced:
Finding where the file is saved
Inconsistencies in how the file is created
Errors within formulas
Often easy to override and manually change values
Excel, Google Docs, and similar spreadsheets don’t often talk to your accounting software well - in the way it needs to
Do you have enough time?
Are you struggling to meet all of your deadlines each month? Do you no longer have the ability to take on new clients because you’ve reached full capacity? Do you feel that they only way to make things easier is to take on more staff?
nettTracker can improve the efficiencies of many accounting tasks carried out at month-end and year-end. You’ll have more time to focus on the the values that matter, take on more work, or perhaps enjoy some of the extra time you have.
Have you reviewed all tasks?
Do you know exactly how much you need to do each month, and how long all tasks take? Is work time creeping into what should be your home/personal/free time? It’s often easy to continue to work using the same methods, but nettTracker can help you get your monthly ‘to-do list’ ticked off quicker than you thought was possible.
What tasks can nettTracker help with?
nettTracker has been created to streamline month-end processing for all businesses you work with. This could be a single business if you are an accountant or bookkeeper working in industry, or, this could be dozens or hundreds of business if you are providing an outsourced finance function as part of your accountancy services.
nettTracker can help automate the following:
Fixed Assets and Depreciation (including Right of Use Assets)
Lease Liabilities (connected to Right of Use Assets)
Hire Purchase and similar loans
Prepaid Expenses and Deferred Income
Accrued Income and Expenditure
Calculating the required adjustments each month, updating various statements (working papers), and posting journals into accounting software.
