This morning E-conomic reached an important milestone of 25,000 customers worldwide. 

Read more of this on E-conomic Global

We’re delighted to report this and would like to thank all our customers in the UK market for your loyalty – choosing E-conomic as your online accounting provider and for sending business colleagues our way.

Of course this also spurs us to continue our ongoing development because we at E-conomic all share a philosophy that however good the system gets there are always, things we can make better.

Many new and current SME’s have realized that online accounting provides benefits both for themselves and their accountant that a regular bookkeeping system just doesn’t do.

Access from anywhere with an internet connection, real-time viewing of accounts together with your accountant, and security that is reliable are all aspects that attract numerous businesses.

PwC, one of the largest international accountancy firms has just released a report with evidence of an increase in online accounting of greater than 40% over the past two years.

The SME’s included in the report were very open-minded  towards  implementation of new technology and pleased with the idea of saving money at the same time.

More of PwC experiences can be read on our news page.

On the 12th of June, we are entering eight runners into Brolobet – a half marathon across the Oresund Bridge which links Denmark and Sweden. We’ll be supporting the international appeal for the victims of the Haiti earthquake.

You can support our Haiti appeal by becoming a fan of E-conomic on facebook or by recommending E-conomic to other companies. For every new fan or every new customer between today and the 12th of June , we will donate the value of one month subscription (£12.99) directly to the appeal

After the run you can follow us on  twitter and facebook, where we will be posting up photos and news about the race . SO GO ON…what you have got to lose? At least we’ll be doing the running – all you have to do is click – and we’ll do the rest.

And as every customer can get a free two week trial there is no reason for you not to give us a go – it’s a no brainer!

Another one of those things that sound so much more complicated than they really are. It’s actually short for ‘web-based seminar’! And it’s simply a presentation, lecture, workshop, or seminar to which, in days of yore, you’d have had to travel. However nowadays you can participate from the comfort of home or office.
And it’s just as interactive as if you were in the same room, you can receive, share and discuss information with all the participants as well as the presenter.

Why not register for one of our free E-conomic webinars which typically lasts an hour and takes you through everything you need to know on E-conomic’s basic functions?

Next webinar is on Wednesday the 26th of May 2010 at 11:00 -12:00

The video below shows you how to join:

Take a glimpse at our new online journal facility currenty being tested prior to release. Here you will be able to process Finance, Supplier and Customer transactions, create your own setups and profiles, it’s an alternative to the day books on the Bookkeeping tab. It allows you to create and book entries for all document types, but with an improved overview and more ease of navigation. Will keep you updated on our progress prior to release…..

Take a look

In E-conomic there are two ways you can reconcile your bank account. If you can download your statement then you can import this direct into your agreement and use the auto reconcile facility. These videos show you how:-
How to import your bank statement
Reconcile via an imported bank statement

If you are not in a position to download your bank statement into your E-conomic agreement then you can reconcile manually. This video shows you how to do this for the first time entering your opening balance.
How to perform a manual bank rec

To continue our commitment to bring you support and assistance constantly we have doubled the number of Help videos now available, whether it’s how to process a multiple line supplier invoice, enter a fixed exchange rate or do a bank reconciliation you will find a video showing how to produce these in E-conomic and lots more.

View the full list of our Online Help Videos now.

If there is any functionality within E-conomic you feel would benefit if we made a video showing you the best way to process then please let us know and we will get onto it straight away.

The recently launched remittance advice functionality allows you to e-mail remittances direct to your suppliers from your E-conomic agreement, notifying them of recent payments you have made.

You can filter on payment dates, suppliers and groups. You can base advices on either invoice-to-payment matches or exported payments.

A new template type called “Remittance advice” has been added in Design & Layout. Simply link this to your suppliers and the advices are e-mailed as PDFs.

The following video shows you how to link the remittance advice to your suppliers and how to use the functionality.