Running a business with several locations can be a daunting task especially when they are miles apart or demand extra-cost of travelling to each outlet or branch. Things become more complex when it boils down to overseeing the accounting systems maintained by each of these locations.
In this resource guide, I will be sharing tips on how to select the best accounting software for multiple locations.
- Confirm that the software has a central data file that can be store on a WIDE AREA NETWORK where each of the users, at the branch level, can access.
- Your preferred accounting software vendors should be competent in setting up networking and multi-user environment.
- Each location should also be created in the system so that all transactions emanating from users can be tracked easily.
- All transactions entered at branch location – sales, purchases, expenses, assets or liability – should update a central data file on a real time.
- The software should help you generate your transactions report by location.
- Users should also be assigned a role and not allowed to enter/access transactions outside their domain.
These are some of the key deliverables of an accounting software designed for multi-location businesses. You can connect with us on info@accountingsoftware.com.ng
If you don’t have the resources to deploy a Wide Area Network, you can opt for cloud version.