We are upgrading! There is no better way to keep a business alive than a major update every once in a while to spice things up a bit. Our newest design has state-of-the-art features to explore, is IPad friendly, easier to use and so much more to discover! Its an accounting heaven at your fingertips.
To give our customers the piece of mind they deserve we will be adding an expenses section. This will help you keep a record of your expenses. What you save falls between two activities and their difference: how much you make and how much you spend. Because you have more control over how much you spend, it's wise to take a critical look at your expenses. Innovative Account is a great tool for online budgeting. It has put all your accounts into one place and is ultimately helping you to analyse all of your spending.
Suppliers & Credit History
Time to clear it all out! No more invoices scattered all over the place, no more thick heavy files invading all your office's shelving. Upload printed documents of your expenses such as cheques and receipts and you will be able to excess every bit of information about your suppliers including old and current invoices from this section. Say good bye to monotonous hours spent shuffling through papers, because time is money not to be spent lightly.
Getting tired of the same old daily things, well we are adding some new print designs for invoices, cash sales, etc. These designs include; 3 colour variations for a black theme and 3 colour variations for a white theme and also some very minimalistic themes for those who don't want to have colours in their documents.
Using charts and graphs can help the audience grasp visually the message that has to be conveyed. Charts and graphs are especially useful if there will be a great deal of details that would normally take up too much time explaining and you need to compact the information to a visual summation. Knowing your audience helps creating the right type of charts and graphs to use. For example, if you are addressing a team of sales representative, you want to search for sales charts and graphs that typically a sales team will understand visually. When utilizing charts and graphs keep in mind that they are to be supplemental to using words. Charts and graphs can be very powerful in visual presentations if done effectively. To help our clients further we are adding graphs to report cards for better visualisation and therefore better coordination between colleagues in the work place.
Saving You Time
Scrolling through countless documents though is still time consuming. So our brilliant web developer has come up with the lustrous idea of bettering the transaction and document search. You'll be able to to search between given data through the audit tray which is the sequence of paperwork that validates or invalidates accounting entries. All documents are now grouped under each contact (Client /Supplier) and we now show the important data of each document making it more efficient as you will be able to look at invoices / receipts without opening the document.
The reports section is getting a major speed boost not just with loading speed thanks to our new indexing and archiving algroithm but also better speed in regards to user-experience. With the latest changes done to the search it is now faster and easier then ever before to find what you are looking for.
We'll Help You Decrease Expenses
Everyone can benefit from a budget. It’s not just for people who are having trouble making ends meet. The best way to budget is to keep track of how much you spend each month. Budgeting isn't just about watching your spending. How much you earn also affects whether you have money left over for saving or paying off debt. Once you've set a budget you need to see how it’s working in reality. We here at Innovative codes are making this easier for you by adding a monthly break-down of your sales and expenses.
Profit and Loss Report Section
What is a Profit and Loss Report?
A Profit and Loss Report (P&L) is a report that shows your total revenue, your total expenses, and the net income or loss resulting from the two accounts. It churns out the proverbial bottom line: revenue minus expenses.Think of your P&L as a health report card for your business. It shows the results of financial decisions and operations over time and is your best tool for making decisions in the future.
We are keeping the same subscription cost
Yes, you got that right. The €25 per month subscription will not change and for those who have already purchased this package they will get all these new updates for FREE!