Autosum Accounts - The Web Based Accounting System That Speaks Your Language

Frequently Asked Questions

How does ∑autosum accounts differ from other accounting systems?

∑autosum accounts is aimed at providing Management Accounts Information rather than being a pure Financial Accountancy package.
It has been programmed with features such as multi-line Invoice Data Entry and Product Codes that provide for easy analysis and the background programming is set up for easy conversions to take planned future enhancements.

What savings in time and money could a customer expect if he used ∑autosum accounts instead of other competitors?

This really depends on how each business is set up. If the full scope of the ∑autosum accounts menu options is used then the User will find that most day-to-day functions are covered eliminating the need to carry out separate analysis or listing functions.
The system is very competitively priced with no hidden costs, users pay for a complete package and select only those menu items that they deem necessary to satisfy their needs.

How easy is it to use and why?

Providing the user has registered and paid for ∑autosum accounts and has a Broadband link with equipment that has it's own web browser then the system can be accessed purely by entering the LOG-ON details. From there on in the application is menu driven with 'HELP' instructions provided for every step of the way.

Can anyone use it or do you need to have accountancy/bookkeeping training?

Anybody setting up or running a business understands from the outset that business accounts procedures have to be considered.
∑autosum accounts have prepared opening procedures and guide lines to help the user to meet set-up requirements but should this prove difficult to the user a backup service to assist is provided.
No matter what Accountancy system is adapted by a user there has to be a degree of common sense. ∑autosum accounts has an in-built 'HELP' package to guide users through each selected menu item. Like all new systems and procedures user skills develop as one becomes more familiar with the package.

How secure is the system?

∑autosum accounts is a web-based application. This effectively means that it runs from a single programme.
The programme is located on an independent server managed by a Host Company dedicated to this type of work. The Host Company operates from a bomb-proof location with a protected and duplicated Broadband connection. One of the services provided is that the Broadband width required to service the ∑autosum accounts Client Bank is constantly monitored to avoid overload. A linked server at an independent location is optional.

Does it have a back up system to protect against data loss?

The application provides for Automatic Daily Data Backup and given the facilities shown above is considered to be fully protected.

How much training would a customer need and how much does it cost?

The basic training programme in the use of ∑autosum accounts takes four(4) hours to deliver. For those parties willing to travel to Head Office at Shildon training is free.

Can the accounts be easily audited?

Auditing of Accounts requires that the source documents are available for inspection and checking to the related transaction entries. The user will always be responsible for the source documents. Access to view ∑autosum accounts will be provided to any Auditor approved by the user.