How Impos Can Help Your Hospo Accounting This EoFY

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With so many integration partners, including leading accounting systems like Myob, Xero & QuickBooks, Impos is much more than a POS system.

And as the end of financial year (EoFY) rapidly approaches, now is a great time to consider adding one of these fantastic accounting solution partners to your Impos system.

In this post, we’ll break down ways these integrations can aid your hospitality business this EoFY and, more excitingly, show you the latest offers we have on accounting integrations.

Why Impos partners with Xero, QuickBooks & Myob

Put simply, Xero, QuickBooks and Myob are three of the best accounting systems out there. All three specialise in helping hospitality venues manage their finances, maintain a consistent paper trail, automate data collection and provide top insights.

These major software providers allow hospitality owners to sync their sales, refunds, voids, discounts and more and to take advantage of the plethora of benefits that are sure to make accounting and tax processes simpler…

Benefits of an accounting-integrated point-of-sale

  • Removes the stress of manually inputting data come tax time
  • Eliminates human error
  • Provides accurate, instant data that allows you to monitor your cash flow and make better business decisions
  • Simplifies bookkeeping to ease your EoFY woes
  • Generates invoices, purchase orders, payments and expenses professionally

Comparing Myob, Xero & QuickBooks

Sounds good right? But which accounting partner is right for your business? Here we outline the key strengths of each accounting software company:

QuickBooks

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One of the great aspects of Intuit QuickBooks is its simplicity; you don’t have to be an accounting expert to use the system. Their dashboard provides all the base-level numbers and it’s dead easy to share your books with your accountant for seamless collaboration.

Whether it’s via the functional mobile app or automated processes, QuickBooks really places an emphasis on reducing paperwork, allowing hospitality owners more time to invest in their business not their admin.

QuickBooks also offers some novel features, such as a way to photograph and save receipts using your phone and an interface that keeps your profits, balance sheets and dozens of reports just one click away.

Xero

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The friendly New Zealand-based accounting software company Xero specialises in security and reliability, with an emphasis on small business and on customer service.

Having gone from strength to strength in little time at all, Xero has created accounting software that’s logical, simple and intuitive, with built-in payroll, leave approval systems, inventory management and much more.

If you’ve ever used accounting software and thought, ‘I wish this could do…’, the chances are that Xero can. Batch pay your suppliers? Tick. Schedule payments? Tick. Create recurring invoices? Fast bank reconciliation? Sync your system easily with your CRM? Tick, tick, tick.

Myob

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Myob has an extensive suite of software products (more than 50 at last count), which is part of the reason why it’s one of the leading accounting software providers in Australasia.

Myob Is so broad, it caters well to all business sizes and types. National or international, one person operation or a massive chain, Myob has you covered with easy project tracking, painless productivity and financial control.

They have a neat feature that accepts card payments for invoices you send out, which helps you get paid much faster. But definitely one of our favourite Myob features is its automatic updates to any Australian tax changes, certified by the ATO, making any tax obligations a breeze.

Read more about our accounting partners on this accounting summary blog post or on our POS accounting integrations page.

Get a Demo Today

Our exclusive EoFY Myob accounting deal

We’re proud to announce a special, limited-time offer for new customers…an Impos terminal and Myob integration combo, or as we like to call it: the stress-free tax time offer!

Until 30th June, new customers who choose Impos will not only receive a free cash drawer and thermal printer (valued at over $550) but also an entire 3 months of Myob absolutely free.* 

*Terms & conditions apply

This is quite possibly the easiest way to save you those annoying end of financial year headaches as well as some cash. It’s the perfect time to jump aboard the Impos bandwagon.

And don’t worry, current Impos users. We’ve got an offer for you too. Trade in your old system for a new one and get a $400 discount. But there’s more. If you don’t have an accounting integration and get in before June 30th, you too can take advantage of our 3-month Myob deal.

With deals this good, you’re in a great POSition for success. To discuss any of these accounting integration offers or for more information, give us a call on 1300 308 615 or click here to go to our EoFY Sale page.