WinWeb

Accounting Software

Banking With Online Accounting Software

September 23, 2010

It is essential for small businesses to keep a close check on their banking activity. WinWeb’s Accounting Software application is the perfect way for any small business to closely monitor their finances. Users of our software are able to instantly receive an overview of their bank activity, regardless of where they are in the the world or what time of day it is.

The main hub of our Accounting Software for all activity related to bank accounts is the Banking page. Here you are able to view all payments and deposits, plus transfer money between accounts.

We have made it simple for users to add multiple accounts plus set overdraft limits which will automatically recalculate your cashflow forecasts. It is also easy to enter payments that are not related to suppliers and handle recurring payments like standing orders or direct debits.

One of the most important aspects of bank account management is bank reconciliation. This is a necessary part of the error-checking process. It requires checking the figures from your accounting records against your bank statement. This has to be done because banks often make mistakes and don’t detect them.

If there are any transactions in your accounting records not found in your bank statement, they are classed as outstanding. Our software allows you to instantly reconcile your bank statement to the end of any month or period. If you reconcile your bank regularly, it helps to reduce errors and find purchase and sales orders that have gone missing.

The best part of our Accounting Software is its full integration with many of our other excellent products. You can get all of these separately or as part of the great value OnlineOffice package. Sign up for a free 30 day trial today and find out why WinWeb were the first online accounting software company in the UK to be accredited by ICAEW.