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iCloud Accounting

With the latest UK Government initiative, ‘Making Tax Digital, and the requirement for Vat Registered businesses to file their Vat Returns via digital software NOT through the gateway,  from April 2019, there has never been a more compelling reason for companies, partnerships, sole traders and landlords to switch over to a cloud based accounting package.

 

Cloud accounting systems are so much better than manual systems, spreadsheet-based systems and desktop software and offer the user instant access to information in real time, in any location with an internet connection. 

 

Here are just some of the benefits:

 

  1. 24/7 access to up-to-date financial information and reports from any device with an internet connection.

  2. Up to date – Real time accounting means your records are always completely up to date making it easier for you to make the right decisions.

  3. Business Support – since we can access your data 24/7, we can support you every step of the way.

  4. Easier invoicing – Fast, simple customised sales invoicing to make your life simpler. The facility for emailing invoices, with the option to attach a statement at the same time, makes it easy to manage your sales and get paid quicker.

  5. Quicker cash collection – You can embody payment methods into your invoicing, for example, ‘click and pay’, making it easier and quicker for your customers to pay you. You can also chase debtors whilst you’re on the go.

  6. Automatic Processing – Your bank accounts can feed directly into the system, to keep your accounts up to date and fully reconciled to the bank…this feature will save you a significant amount of time. The automatic processing features will also include the filing of all HMRC information at the touch of a button.

  7. Financial dashboard – a fully customisable screen showing you the key financial information you need to run your business.

  8. Instant reports – at the touch of a button you can get instant reports on your business.

  9. Security – Your sensitive financial data is always secure and backed up automatically.

  10. Maintenance free – No system downtime because all the software upgrades are automatically installed. Saving you time and hassle.

 

 There are so many cloud accounting systems, the most well-known and established include, Sage One, Xero, Quickbooks Online, Kashflow and much more.  They are all different.  Some better than others.  And some suit certain types and sizes of business better than others. 

 

We specialise in cloud accounting solutions and setting businesses up on the cloud.  We can offer you advice on which is the best option for you, and set it up for you, saving you hours of time, hassle and frustration.

 

Call us now on 01373 826506 to discuss your options or book an appointment.

iCloud Accounting Specialists

To help you with your transition to making tax digital, we can advise and help you choose a Cloud based accounting package perfectly suited to your business

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