A firm that does bookkeeping online

Wayne Zielke in the year 2002 began a company by the name of LedgersOnline. Wayne who was a Chartered Accountant at the time; came up with this idea while working during the tax period. He came up with a way to make the whole process of bookkeeping not so tedious task. He wanted to develop a system that would provide financial data in a clean and concise way. This system would allow clients not only to send data to their partners, but also their accountants. So he set about gathering a team of technical and financial people.

His idea was to make an online accounting software which clients can use to keep their ledgers up to date. The client has to first scan the source document. The document has to be uploaded to LedgersOnline. This scanned file will reach the staff member assigned to that particular client and they will make the necessary entries in the client’s ledger file. LedgersOnline provides reports on a monthly basis. They also offer financial reviews. The client can access the not only the financial statements but also the finished reports from any place at any time.

The main benefit of using the online accounting software developed by LedgersOnline is cost effectiveness. The client will have to pay for the number of transactions that take place, not the time taken by the staff to enter them. The online accounting software has the same level of encryption as used in banks.

LedgersOnline also offers custom made solutions to your bookkeeping problems. They will help you stream line your accounts. The customer service provided by them is very quick. They hire only highly trained and professional accountants in their company. The turnkey solutions used by them allows customers to keep their existing accounting practices. In other words they will help you do your bookkeeping no matter how you go about doing it or how big your business is. They also offer a fourteen day trial period during which you can evaluate the quality of their online accounting software.

Anylan Quin has worked as an accountant for many years now. She has done an extensive study on Online Accounting Software.

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