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FAQ.

FAQ2023-07-01T13:57:28+04:00
Key Takeaways2023-06-28T14:27:35+04:00
  • Online accounting software is cloud-based software that helps you perform various functions like invoicing, billing, estimating, expense and time tracking.
  • You don’t need to install any software to perform online accounting.
  • Accounting software has benefits including creating and sending invoices, generating quotes and estimates, recording expenses, completing tax returns, checking cash flow or profit and loss, and creating budgets and forecasts.
  • There is a lot of difference between cloud and Windows accounting software.
  • Storing your accounting records in the cloud is secure.
  • No special training is required to use Our FinAct accounting software.
Can you import/export data to and from the accounting software?2023-06-28T14:27:04+04:00

Yes, data can be easily imported/exported from accounting software. The type of data you can import/export depends on the package you choose.

Do you need any training to use accounting software?2023-06-28T14:26:38+04:00

Our accounting software is simplified by design so that people can easily access it. Therefore, no special training is required to track income and expenses, create customer invoices or print reports.

Can accounting software help you with the taxes?2023-06-28T14:26:12+04:00

Yes, accounting software can help you with taxes. As you know, accounting software can help you automatically prepare business reports based on your income and expenses. It will also help you manage your taxes based on the package you choose.

What are the main features of an online accounting solution?2023-06-28T14:25:49+04:00

FinAct Online accounting software has many features. Invoicing, billing, estimating, tracking and recording expenses, inventory management, and automatically generated business reports are some of the key features of an online accounting solution. However, features vary depending on the subscription or package you choose.

What will happen in case your online accounting software goes down, or your internet connection fails?2023-06-28T14:25:26+04:00

Generally, you will not be able to access your account until your internet connection is working. However, there are certain accounting software packages that provide ‘offline mode’ for such cases.

Is there any difference between cloud and window accounting software?2023-06-28T14:25:08+04:00
  • Yes, there is a difference between cloud and Windows accounting software. If you want to use Windows accounting software, you need to install it on your computer and then run it. Data related to your account must also be stored on your computer as well.
  • Cloud accounting software runs on the Internet. And you don’t need to install anything on your computer. If you want to access this software, you must visit a website, then create a username and password and log in. This means that cloud accounting software can be used from any device, be it a computer, tablet, laptop, or mobile. All you need is the internet and ready to go!
How can Accounting Software help you?2023-06-28T14:23:58+04:00

Accounting software can help to maintain accuracy in records & perform various functions which are listed below:

  • FinAct software helps in creating and sending invoices.
  • It helps in forming quotes and estimates.
  • Accounting software helps in recording expenses.
  • It helps in completing tax calculations.
  • It helps in keeping a check on the cash flow or profit and loss.
  • Accounting software helps in creating budgets and forecasts.

Our FinAct accounting software helps you better understand your finances, allowing you to generate financial reports.

What is Online Accounting Software?2023-06-28T14:23:13+04:00

Online accounting software is cloud-based software that helps you perform various functions like invoicing, billing, estimating, expense, and time tracking. Our finAct software runs on the cloud and does not require any space on your device.  Accounting work is kept in an online environment and can be accessed anytime from anywhere.

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