Accountant Technology
Cloud Accounting
What is the latest accountant technology?
Many businesses utilise the latest accountant technology including cloud accounting. Cloud accounting is the term used to describe online accounting and bookkeeping software. It allows a business owner to monitor how their business is performing at any time via a web browser.
A business using cloud accounting software for their bookkeeping has access up to date accounting information at any time. Data is stored in safe and secure locations and the software is always up to date. It allows for easy collaboration between business owner and accountant.
There are numerous options with regards to which software to use. We are partnered with Xero and QuickBooks Online as we consider both these providers offer excellent value for money. They are both offer easy to use, feature rich solutions with extensive app libraries to add additional functionality. We are happy to advise you on the best choice for your business during your Free Consultation.
6 benefits Accountant technology could have for your business
Instant
Access
As long as you have an internet connection, you can have instant access to your up to date finances wherever you are, via a web browser on desktop or mobile app.
Clear overview of finances
Gone are the days where you wait until the end of the year to get your accounts and see how you've done. You can now have a clear overview all year round. Working in the present gives business owners the ability to make timely decisions that improve the business and it’s profits. We offer regular business reviews and management accounts as appropriate for your business and are always on hand to talk through what the numbers mean.
Automate Bank Feeds
The software is designed to sync to your business bank account meaning up to date bank statement transactions are automatically feed into the software.
Makes You
Money
Email sales invoices to customers, automate regular billing, collect direct debits from customers, take debit/credit card payments. These are just some of the ways to improve the efficiency of sales invoicing, reduce the time spent chasing outstanding invoices and improve cash flow.
Saves You
Time
Bank feeds, purchase invoice scanning and OCR technology save time on bookkeeping. There is large library of apps that integrate and add additional functionality and further improve efficiency.
Multi User
Access
Multiple members of the business can have access at a level appropriate to their roles. Your accountant can review and edit transactions or indeed handle all the bookkeeping for you.
Is cloud accounting the right fit for my business?
We also understand that every business has a different structure and requirements. That’s why we would only recommend this product if it was the right fit for your needs.
As experts in multiple programs including Xero and QuickBooks Online so we will be sure to find the right solution for you.
Don’t worry, if you still use traditional methods of bookkeeping we still offer traditional year end and tax return services for your business.
