It is a hard task to find capital for SMEs anywhere. Therefore, most entrepreneurs are limited in buying accounting software or hiring qualified Accountant for their businesses. Typically, you find some business-owners taking up the role themselves or assigning it to another staff with no experience or training in the area. The result is endless worry over incorrect or incomplete accounting records as important things like reconciliation of bank accounts, inventories, etc, are left undone. Most times, illegal bank charges or missing inventories are not detected. Of course, double taxation which should have been resisted by a competent accountant is allowed without taking advantage of all tax allowances claimable under the relevant laws.

ONLINEACCOUNTINGTEAM.COM is an online / cloud-based accounting software that provides a veritable platform for businesses to outsource their bookkeeping, accounting and tax functions for the software to produce their accurate and reliable financial reports online real-time. In a manner similar to facebook, you sign-up and create your business ID on the software at www.onlineaccountingteam.com. You customize your page by uploading your logo with other relevant information like address, telephone, etc. Thereafter, you enter your daily sales and expenses and the software automatically completes all accounting entries to produce full financial reports like cash-flow statement, profit and loss, etc, online real-time. You can log-on anytime anywhere via your phone, ipad, laptop or PC to view or print your updated reports. It monitors inventory at all branches and generates electronic invoices, quotations or receipts which you can print, save or email to your customers directly from the software. It is cloud-based and requires no hardware, downloads or prior accounting knowledge. It is easy-to-use with bank-grade level of security and helps to store your financial data in the cloud in case of fire or other natural mishap.

Various SME groups in the country have embraced the software as a method to optimizing their cost in handling their bookkeeping, accounting and tax including the embedded automated handling of back-office operations. Interestingly, practicing accountants are also urging their clients to migrate their day-to-day bookkeeping to this modern online accounting software for accurate and reliable records. It’s bye-bye to incomplete or incorrect accounting records at year-end for MSMEs in Nigeria. It’s a new and smart way to do your accounting and stay in control of your business.

With a flat monthly subscription of your choice, businesses will have solid accounting software and competent accountants handle their bookkeeping, accounting and tax. Having online inventory control and online billing system to generate invoices and tract expenses can be a wonderful relief in managing a business. Onlineaccountingteam.com provides the modern digital solution for business owners. Indeed, non-profit organizations like churches, mosques and NGOs can also use the software to handle their bookkeeping.

Sign-up today at www.onlineaccountingteam.com and gain the freedom to fully concentrate on building your core business. There is no set-up cost and the first 30days is FREE!

Best of luck
LUDEMI

As the revenue from oil and gas dwindles, there will be aggressive drive for internally generated revenue. While this portends a difficult time for companies and individuals on tax related issues, its a great opportunity for non client centric consultants and some unscrupulous regulators to exploit the innocence and ignorance of Tax payers. ADEGOLU CONSULTING SERVICES a client centric firm founded on integrity and professionalism is ready to partner with you to be on right side of law by delivering with passion Quintessential Audit, Financial Advisory & Tax services.
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I deal on Enterprise Resource Planning Solution with accounting package in it. Together we can work to provide good services to your clients. See my signature for my contact details.