Our solution for managing the accounting of your online business in 2022

Looking for the ideal solution to manage the accounting of your online business? Discover with Bizyness an ideal solution that lets you connect your stores, perform bank reconciliation, and issue invoices in your company’s colors! Click here to discover the professional Bizyness solution and its free trial. Every company must report to the tax authorities in compliance with the accounting obligations determined by its legal status. The software will help you better track your income and expenses, as well as the VAT you must remit to the State. Except for sole traders (micro-entrepreneurs), who benefit from lighter accounting obligations, a company’s accounting can quickly become heavy and time-consuming. Accounting software then becomes your best ally for efficiently managing your online business.

The essential accounting software for entrepreneurs

Accounting software is an essential tool for properly managing your online sales activity. It is of course possible to “cobble together” an accounting solution made of Excel spreadsheets, Google Sheets, and Trello boards, but you’ll quickly be overwhelmed, especially since you risk making costly errors for your business.

Accounting software dedicated to e-commerce businesses is not just a tool for keeping your books and reducing time spent on administrative hassles — it’s also an essential instrument for steering your company and shaping your commercial and marketing strategy. Indeed, it gives you features that let you isolate certain data, sort it, and build comparisons. This way, you can analyze how your business operates and look for areas to improve.

Why not delegate all your accounting to an accountant?

When you launch your online business, you need to both reduce your company’s expenses and closely monitor how your revenue develops. It’s best, at first, to manage your accounting yourself (provided you choose the right software). You make substantial savings and better understand how to improve your profitability.

By choosing accounting software dedicated to entrepreneurs like Bizyness, you get tools that are easy to learn and use. This way, without specific accounting knowledge, you can manage your business on a daily basis. Task automation means you don’t spend too much time on it, while you can still produce the accounts and annual financial statements to file with the commercial court registry.

Some tasks can later be handed over to an accountant. You can also ask them to verify your accounts if you have any doubts. Later, once your business has found its cruising speed, it may be time to delegate more so you can focus on developing the commercial side.

Here are the main reasons why accounting software for web entrepreneurs is essential for you.

Save time to devote to running your business

The first benefit of accounting software dedicated to online stores is that it saves you time on a daily basis. When you use software like Bizyness, you configure the various features to automate as many tasks as possible. With no prior accounting training, you get intuitive features that spare you from spending too much time on tedious, repetitive tasks.

All the time you save lets you focus on your company’s commercial development.

Stay compliant with the tax authorities, without risking errors

Accounting software is configured according to your company’s legal status. It guarantees compliant reports and thorough control of your accounts. From the moment you enter your transactions into the software, everything is recorded, sorted, and exported. This way you produce compliant financial statements that spare you any risk of error and, as a result, any risk of a tax audit.

Learn accounting with help from the software

If you have no accounting training, your software helps you understand the mechanics. It’s configured to record expenses, costs, and income and classify them correctly. It takes into account what is deductible and what must be declared.

In addition, entrepreneur software automatically handles VAT returns and collection. It accounts for foreign sales and converts currencies as needed.

Grow your business while keeping your accounting software

It’s common to have to change your company’s legal status. This need can be linked to your desire to expand, hire staff, take on partners, and so on. If your initial status doesn’t allow the expansion you want, you’ll need to change it. That’s why it’s essential to choose, from the start, software designed to grow with you. It accommodates your new status and adapts your accounting accordingly.

With Bizyness, the transfer is automatic and requires no new data entry. Simply inform it of your change, and the sync happens without you having to worry about it.

Turn your accounting software into a strategic tool

When you run your business day to day, you have an overall view of how it operates. You can intuitively sense areas for improvement, but you lack precision. The software lets you extract and sort data in order to analyze every part of your company.

This way you can track the most effective ways to make savings, identify weak points in your commercial strategy, and revise your marketing and advertising investments up or down, and so on.

Taking stock of your customer base also helps you better understand your target audience. This lets you determine the actions to take to expand it, or on the contrary target it more precisely for a better return on investment.

By studying all the profitability factors as well as growth opportunities, you refine your management and aim for better growth.

Strengthen your credibility with everyone

Accounting software lets you produce well-presented quotes and invoices, with your logo and your colors. Far from being a mere detail, this feature builds your reputation and strengthens your credibility.

• Your invoices become instantly recognizable to your customers, helping to cement your brand in their minds.
• When you’re looking for a new banker or investors, you present them with documents that highlight your numbers and demonstrate your professionalism. You put together a business plan as well as forecast budgets that work in your favor.
• The same goes when you approach shareholders or partners to grow your company. The software lets you produce exports that showcase your business and convince future collaborators to join you.

Save time and money to invest better

The cost of accounting software for entrepreneurs like Bizyness looks trivial compared to all the services it provides. Young entrepreneurs sometimes find it hard to see the value of an investment, but it’s the foundation of a company’s success. The expense of the software frees up time for you to work on growing your business, while taking administrative tasks off your plate.

Bank on Bizyness’s closeness to its customers

Bizyness prides itself on staying close to its customers. Its developers are experts in accounting, but also in business development. You have direct access to them via chat, phone, or email, giving you access to valuable help online.

Don’t hesitate to try all the features of Bizyness software for entrepreneurs with a free two-week trial.