After you signup, just follow this simple step by step guide to getting your accounts online.

Step 1. Learn Some Key Terms

• Contact - An individual person or organisation that you deal with as the “other” party in a financial transaction. Suppliers, customers, stores, partners and prospects - anyone you do business with (pay or receive money)
• File - All of the financial transactions and related information for your specific legal or tax entity such as company, organisation or individual. You may set up multiple files for different entities if required. You can go back and add or change setup information at any time by going to Settings in the top menu and then the Main section
• Tags - A way of tagging lots of different things such as transactions so that you can report on them later. Useful for business divisions, warehouse locations, projects, strategic initiatives, anything that needs tracking flexibly

Step 2. Setup your Bank Accounts, Credit Card & Loan Accounts

• Purpose: Used to make and receive payments. They can also be credit cards or loan accounts
• Click the plus icon next to Bank Accounts in the Main Menu
• Examples: Bank Accounts (e.g. Asset:Citibank), Finance Loans (e.g. Loan:HSBC) and Directors Loans (e.g. Loan: Bob’s Visa)
• For transactions you need to specify the Bank Account used. They are usually of Asset, Loan or Equity

Step 3. Setup Your Accounts

• Used to Classify transactions according to their purpose
• Click the plus icon next to Accounts in the Main Menu
• Examples: Income: Consulting Fees or Expense: Telephone
• Accounts are made up of two parts. The purpose such as “Income”, “Expense”, “Asset” or “Loan” and a Description such as “Stationery”, “Computers” or “Rent”

Step 4. Setup Your Contacts

• Tracking relationships with people and businesses you deal with. Who you owe and who owes you is tracked using Contacts
• Click the plus icon next to Contact in the Main Menu
• Contacts can be Suppliers, Customers, Partners, Prospects. You can use Tags to classify them.
• Contacts can also belong to a company

Step 5. Setup Your Opening Balances

• Opening balances help you carry your current financial position into Saasu from your old software
• Add opening balances from Main Menu > Accounts (list) > Opening Balances link
• When you first start your file there is no financial information in it. We need to capture opening balances so we begin our file from the correct financial position

Step 6. Your File’s tax identity details

• Configure your file (legal/tax entity) at Settings > Main and then working through the 3 links
• Add the details for the tax entity that this file represents. Make sure you confirm or change your GST/VAT/TAX status in the Manage File Identity Settings area

Step 7. Other Areas To Consider

• Payroll - Add your Employees and large companies might even consider using Pay Groups for processing Group Payroll and creating direct to bank files for multiple employees at once.
• Timesheets - track time and even paying staff (and billing clients)
• Activities - add or remove activity types through the Tags list

Your ready to start entering transactions!

Still need a little coaching?

Try the video tutorial and migration tools on the start page or request phone help from our service team to talk you through it step by step.