10 Reasons to Use Online Banking
With today's technology and people's need for more information it is no wonder that online banking is growing as one of the most popular uses of the internet. Here we have listed the 10 biggest benefits to start using online banking.
1. You won't have to wait online and rush to meet the bank's hours.
2. Bill Pay - Up to the last minute. Most banks process payments in real time so you no longer have put the payment in the mail 7 days before the due date. (Check with your bank as some still have a mail date). For instance, if you want to automatically have your rent withdrawn from your account each month on the 1st, most banks have a recurring feature at no additional cost. Online bill paying will also save you a ton in checks and stamps.
3. Transfer Funds - What do you do if you need cash from your savings to your checking account and the bank is closed? Now you can simply log in online and transfer funds. Some Canadian banks even have an email money transfer option.
4. Export Information - With online banking it makes tracking your finances even simpler. With the click of a button your bookkeeper can now download transactions right into your financial software.
5. Statements - It used to be that you didn't receive your bank statement for 2 to 3 weeks after the month ended. With online banking you can print your statement right after the cutoff date.
6. Security - Most banks with protect you against fraud. Your web browser encrypts the data and you have a special password that you can change as often as you wish. So you have as much chance of someone stealing your checkbook.
7. Previous Transactions - Most online banks allow you to view your previous transactions for up to six months or longer. This is a lot easier than going to the filing cabinet and sifting thru mounds of statements just to see how much you payed the plumber?
8. View Checks and Deposits - Should you forget what check number xxx was for, some banks allow you to view the check copy right online.
9. View Multiple Accounts - Most banks will list all your accounts including checking, savings, loans, and credit cards all on one screen allowing you more control over your money.
10. Save money - with the convenience of online banking you can quickly conduct your finances and get back to running your business.
So check with your bank on how you can enjoy all the benefits of online banking. It only takes a few moments to sign up.
Raquel Morphy owner of RM Business Solutions has successfully helped many of her virtual bookkeeping clients utilize the benefit of online banking in order to provide them with real time financial information.
For more information on virtual bookkeeping please visit http://www.rmbizsolutions.com or contact Raquel directly at raquelmorphy@rmbizsolutions.com
MORE RESOURCES:
 |
|
|
RELATED ARTICLES
The Top Ten Ways to Stop Procrastinating Now
10. Procrastination Condemnation - Lose the Labels! All those things you call
yourself, such as lazy, scattered, disorganized, not good enough, incompetent,
or stupid, for example, aren't helping you get things done, are they? You've
learned to believe them, and you think they've become something of a
self-fulfilling prophecy.
Top Ten Things to Do to Make your Signature File Sell
Always include a powerful signature on every email you send out, even to friends. It's even more important when you send out articles to opt-in ezines (no spam) and top web sites in your field--more important than your article's message.
Reminders For Running A Better Business
The following tips are from an article we contributed to Compute magazine. These are ideas that we all should know, but many times forget.
Making Money over the Internet : 5 Cool Tips
The Internet is a fast growing medium, trancending the personal ,geographical, political and cultural barriers. Because of its popularity and diversity, for an ambitious and hard working person, it is the right medium to make unlimited wealth th the only thing is that you should know how to do it, the knack of doing it comes only with practice ,but a non-starter doesnt get any practice.
10 Nifty Tips for Better Business Cards
Not having a business card is as bad as using an
eMail address that ends in AOL.com
It's just not professional.
Seven Keys to Get Out of a Rut
Rut -- a routine procedure, situation, or way of life that
has become uninteresting and tiresome..
The Ten Best Kept Secrets For Protecting Your Business Property Against Theft
1. Locks and Padlocks - Locks on all outside entrances and inside security doors should be double cylinder deadbolts with removable collars.
10 Incredibly important business basics EVERYONE needs to know BEFORE they start a business!
In my career, I have had a total of 3 businesses myself and a few others where I am in partnerships. Each time you start a business the basics are pretty well the same.
Top 7 Strategies for Writing Accounting Procedures
Part Two of Cash to Cash Cycle SeriesNext: SalesWe've already found $250,000?so let's find another $250,000?Laying the FoundationLast week, we raised the question: what would your business do with $1,000,000? To lay the foundation we introduced inventory as the first of four areas that will lead toward our million dollar goal. And you saw exactly how to achieve the first $250,000 in cash savings by avoiding delays with an increase in velocity, as well as an increase in discipline and competency.
Business Meeting Etiquette
Business etiquette is essentially about building relationships with colleagues, clients or customers. In the business world, it is these people that can influence your success or failure.
10 Tips for Effective Proofreading
Proofreading may not be terribly fun, but it's one of the most important parts of writing.Have you ever read a web page or a document that had typos, grammatical errors, and punctuation mistakes? This reflects badly on you and your business, and you could easily lose a customer over a simple spelling mistake!Here are some tips for quick and effective proofreading:1.
10 Great E-Commerce Businesses You Can Start Now
If you've been thinking of starting a business on the web but you're not sure what type of business to start then this article is for you. You could be wasting valuable time trying to make your first move.
Seven Questions to Improve Your Business, Your Relationships, and Your Life
Seven Questions to Improve Your Business, Your Relationships, and Your Life
One of the most powerful tools we have as humans is our ability to ask questions. The more adept we are at asking them (and waiting for and listening to the answers), the more effective we will be.
7 Ways To Make A GREAT First Impression!
1. Focus on the other
Being known as a 'natural' at interpersonal communication is not just a gift that a select few enjoy.
My 7 Most Important Business Lessons
Millions of people start new small businesses in the United States every day. Many fail at running a small business every day.
Top 7 Reasons You Should Back Up Your Data Online!
How much is your data worth to you? In this modern electronic-age we rely more than ever on our computers to supply us with the information we need. Chances are every piece of data you might ever rely on to make an important decision has been reduced to a digital format and resides somewhere on your computer's hard drive.
Ten Tips to Build a Culture of Inspirational Leadership
Leadership, leadership development and leadership training are "Hot" issues in today's business world. A recent Internet search uncovered over 44 million hits on leadership, over 20 million hits on leadership development and 15.
7 Super Ways To Drum Up More Sales
1. Use subheads throughout your ad copy.
5 Things You Must Do Well When Buying a Business to Not Get Burned
Are you not sure what Business to buy? Need to know what is a fair deal?Martin Smith thought he was buying an established business with good credit and collectable accounts receivable. The day after settlement the surprises began.
The 7 Keys to Business Success
Do you run a business that seems to run you? It does not have to be this way. There are 7 keys that can improve your business results and help you achieve success with much less stress.
|