No-code accounting is a term that you may have heard floating around the internet lately. But what does this mean? Simply put, no-code accounting is an approach to accounting that doesn’t require any coding skills.
You may be thinking, but I have never had to know how to code when bookkeeping before. You are right, individual software does not require coding. The term “no-code” refers to building connections between apps that are not already connected.
This can be a huge advantage for small business owners who don’t have time to learn how to code or don’t want to spend the money on a developer. In this blog post, we will discuss the benefits of no-code accounting and why you should consider using it for your business.
What is No-Code Accounting?
Before we get into what no-code accounting is, let’s discuss what it is not. No-code accounting is not a new technology or a fad. It is simply an approach to accounting that doesn’t require coding skills. This means that no-code accounting can be used by anyone, regardless of their programming knowledge.
How is this possible? Two of the most popular accounting apps for small businesses are Xero and QuickBooks Online. These platforms have open Application Programming Interfaces (APIs). This means they allow other apps to integrate with them. Furthermore, developers have created new businesses to fill the gaps that exist in the main accounting software. This includes things like tracking complex inventory to staying on top of project management. No-code accounting can utilize these integrations. But more so, this new technology refers to third party apps like Zapier, Workato, Automate.it, and Make (formerly Integramat).
These programs allow you to create your own connections between thousands of different programs that don’t already sync via their own built-in connections. These integrations can be big timesavers, something that is growing as more apps and deeper integrations are built.
How No-Code Accounting is Changing Bookkeeping
There are several benefits of using no-code accounting software for your business. First, it can save you time and money. If you don’t have to hire a developer or spend time learning how to code, you can focus on running your business instead.
Second, no-code accounting platforms are usually very user-friendly. This means you can start using them right away without having to spend a lot of time learning how they work. Finally, no-code accounting can give you more control over your finances. With traditional accounting methods, you often have to rely on your accountant or bookkeeper to track and manage your finances. With no-code accounting, you can do it all yourself.
There are many reasons why you should consider using no-code accounting for your business. If you’re looking for a way to save time and money, no-code accounting is a great option. Additionally, no-code accounting can give you more control over your finances and help you avoid mistakes.
If you’re not sure where to start, we recommend checking out Zapier. This platform is user-friendly, and the best feature is that it allows you to search for connections between programs to show you the possibilities.
Fore example, are you tired of re-entering your customer information from your customer relationship management or quoting tool into Xero? Check for automations that can do this task. Do you want to add new clients to your Mailchimp newsletter and send it automatically. Check for an automation.
The possibilities are endless. Integrations extend far past accounting and can start from the initial contact with your customers.
Automate Your Workflow
This new technology allows you to integrate the programs you already use in your business, including your accounting software. Automation can help with tasks like sending invoices, tracking expenses, and more. Automate your workflow, so you can focus on running your business instead of being bogged down by paperwork.
These are just a few benefits of using no-code accounting for your business. If you’re looking for a way to save time and money, automate your workflow, and have more control over your finances, no-code accounting is a great option for you. We are a Xero Gold Partner and can answer any questions you have about this popular accounting app. To learn more about saving time and money in your business, contact us today!