Accounting Automation

Automate your receivables, streamline your payables, put payroll tax and GST on autopilot, and get more time to monitor and manage cash flow.

Hour 1:
The basics

• Pros and cons of moving from desktop software to online accounting software.
• Software services (apps) that are great, and those that don’t live up to the hype.
• How to successfully transition and start using automation tools.

 Automating your invoicing

• Setting up and sending out automatic regular invoices.
• Track your time and automatically bill it back to customers.

 Making sure that you get paid

• Setting up automatic reminders that get sent out for any unpaid invoices.
• Automatically applying payments to invoices the second that the payment hits your bank account.
• How to use direct debit and credit cards to automatically collect payments from customers.

Hour 2:
Eliminating manual expense entry

• Snap a photo and let the app do its work - automatically inputing receipts and bills.
• Using online tools to go fetch your monthly bills and statements.
• Creating a searchable document vault to protect your business in the case of an audit.

 Paying vendors electronically

• Creating automated approval workflows to authorize bill payments.
• Why you should be using EFTs, and why you may never need to buy cheques again.

 Shaving hours from the time spent reconciling accounts

• Feeding bank activity into your accounting software so that you don’t have to manually create transactions.
• Using automatic reconciliation features – yes, they really exists.
• Letting algorithms match the transactions in your bank accounts.

Hour 3:
More accurate and efficient payroll

• Automate timecard entry for employee payroll.
• Put your payroll deductions, filing, and remittance payments on autopilot.
• Automatically create, send out, and file T4s and ROEs.

 
Staying current with GST and PST filings

• Using sales tax tools to ensure that your filings and payments are made on-time, every time.
• Ensuring that you are receiving all possible input tax credits.

 
Using business intelligence tools

• Automatically generating performance reports and getting them sent to your inbox on a regular basis so that you can review your business’ performance.
• Using accounting tools to predict future cash flows.
• Leverage artificial intelligence to track progress and make decisions throughout the year.

Special Notes:

• Complimentary breakfast snacks and coffee will be provided. 
• Complimentary Wi-Fi will be provided during the workshop. 
• All attendees will be eligible for discounted pricing on accounting software
• Dressing in layers is recommended due to room temperature variations. 
• You will be notified by email if any changes are made to the workshop (i.e., date, venue, or workshop times). 
• Walk-in registrations will be accepted as space allows. 
• Please, no audio or video recording.