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Banklink automates and streamlines the accounting process for small business owners.

By virtually eliminating manual data entry and the collection of receipts and bank statements, you no longer have to spend hours doing your books with software that is often complex and expensive to use.

The process can happen daily, monthly or quarterly, thus it can be real time.

The real benefit is that it keeps costs down and is automated. This has caught on strongly with larger clients who see the benefits immediately.

Many people still use bookkeepers, though perhaps out of historical significance, and often because they don’t understand Banklink.

Banklink is owned by MYOB, but bank feeds have become common in most software today.

To us it’s a no-brainer.

Contact us for a second opinion at TaxAssist accountants in Sydney, Mid North Coast or Gold Coast on 1300 448 303 or email [email protected].

Date published 29 Aug 2017

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

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