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BankLink - bookkeeping made easy
BankLink is a range of tools and services help accountants and clients streamline their bookkeeping requirements. At the same time is a simple, cost effective and accurate system for completing Business Activity Statements (BAS), and using the one set of data flows from the BAS to the financial statements and income tax returns. Bottom line - it is bookkeeping made easy!!
So, how does BankLink work?
BankLink collects data from over 80 Banks, Building Societies, Credit Unions and Rural Suppliers and sends to us secure electronic copies of your statements via the Internet. At no time are we able to access any of your banking details or operate your account. You will still receive your regular paper copies of statements.
We then send to you each month a coding report which only requires you to complete some 4 to 6 digit account codes. As time goes along we will memorise those regular transactions that any periodical by amount or description, or for instance, fuel which comes from all over but can be identified by the fuel company names which come up on the statement.
This coding can either be provided by fax, mail or email using a simple program called BNotes which integrates seamlessly with BankLink. Your time required is between 10 & 15 minutes a month compared to endless hours of head scratching and computer cursing.
The benefits to you of BankLink include;
- Your accounts are processed faster, more efficiently
- You have essential, up-to-date information for business decisions
- You receive easy-to-understand monthly management reports
- You spend much less time on compliance issues, freeing you to work on worthwhile business development projects
- Your GST information will be prepared effectively with no extra effort
All major banks and financial institutions are supplied by BankLink, with more coming on board every week. Some even provide credit card transactions, and mroe are moving that way.
So join the Cliftons clients already enjoying the benefit of the BankLink way of bookkeeping made easy.
CONTACT US NOW!!
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