The Beauty Of Cloud Accounting Software
The beauty of cloud accounting software is the flexibility it gives you to run your business from work, home or on the go. We have partnered with the industry-leading cloud accounting systems Xero, Sage and Free Agent, giving you instant access to information in real time. We are certified Sage and Xero partners and FreeAgent Accredited Practitioners, and we believe that these are the best cloud accounting software systems for small businesses. We’ll talk with you and help you to decide which one will be best for your business.
The Benefits Of Cloud Accounting Software
With cloud accounting, software updates can be developed and delivered faster and more easily. This means you don’t need to worry about installing the latest version, you’ll get access to new features instantly. You can be confident that you have an up-to-date picture of how your business is doing, no matter where you are in the world. View a comprehensive list of benefits to cloud accounting software below.
24/7 Access | Up-to-date financial information and reports from any device with an internet connection (you can access your numbers with your laptop, smartphone or tablet). |
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. Estimate your tax payments. |
Business Support | Since we can access your data 24/7 you get more value from us – we can help you manage customers / suppliers, and run and grow your business rather than just add up the numbers. We can support you with your key decisions. |
Easier Invoicing | Fast, simple customised sales invoicing will make your life simpler. And the facility for emailing of invoices, with the option to attach a statement at the same time, makes it so easy to manage your sales and get paid quicker. Create and send invoices on the go. |
Quicker Cash Collection | The system allows you to embody payment methods into your invoicing. For example, click and pay to drive quick collection of your debts. It makes it so much easier for you to get paid, reducing bad debts and slow payers and putting more cash in your bank account. You can also chase debtors whilst you’re on the go. |
Automatic Processing | Your bank accounts can feed directly into the system, which keeps your accounts up to date and fully reconciled to the bank, this feature will save you a significant amount of time. |
Financial Dashboard | One of the most popular features is the “Financial Dashboard”; a fully customisable screen showing you the key financial information you need to run your business. |
Instant Reports | At the touch of a button you can get instant reports on your business. Track sales, purchases, debtors and creditors. |
Security | Peace of mind knowing that your sensitive financial data is always secure and backed-up automatically. |
Maintenance Free | Your accounts are 100% online, so there’s no software to install. No system downtime because all software upgrades are automatically installed. This worry-free maintenance saves you time and hassle. Updates are free and instantly available. |
Lower Professional Fees | Reduced accountancy fees because it makes it easier for us to produce end of year accounts. |
Free Software | As well as helping you, this system makes our life much easier and that means we can pass this onto you in the form of cost savings. We’ll supply you with the software you need to run your accounts, completely free of charge as part of our bookkeeping packages. |
Multi-user Access | Makes it easy to collaborate online with your team and advisors. |
Costs Are Eliminated | Upfront accounting software costs are eliminated. |
Peace Of Mind | Knowing that experienced, qualified experts are looking after the essential information used to make decisions and calculate your profits. You will already be on track for Making Tax Digital! |
Our Cloud Accounts Software Set-Up Service
We specialise in setting up cloud accounting systems, which means you know it is set up the right way and will save you hours of time and frustration. We will analyse your business and recommend the most appropriate cloud software solution that best meets your needs. This will save you time and avoid the headaches of having the wrong solution. Setting up a business on any Cloud Accounting software is time consuming. We will do the set up for you, which will save you time to get on with running your business.
If this is the first time you have set up an accounting system you will need a ‘chart of accounts’. Every business is different with different types of sales, income, expenses, assets and liabilities. The ‘chart of accounts’ is your list of sales types, different income sources, expenses, assets and liabilities. It’s unique to you. Setting this up correctly at the outset will save so much time and make it much easier to post your transactions to the right place. It will also make your accounts more meaningful, so that you will be able to make much better business decisions.
Of course, you may already have a computerised accounting system with your own unique ‘chart of accounts’, and if that’s the case, we’ll convert that for you into the new system. We will convert your current year and previous year transactions (which means you do not need to wait until the year end to make the change), and we’ll convert existing data such as supplier and customer details.
Secure your sensitive financial data today and move your accounts to the cloud. If you are keen to move your accounts to the cloud, get in touch. We’d love to help.
Cloud Security Is World Class
As a small business owner, you might be concerned about a cloud service provider storing your data. But the cloud is one of the most secure ways to store information. For example, using cloud software, if your laptop is stolen, no one can access your data unless they have a login to the online account. With cloud software, this is where the data lives – as opposed to on your hard drive.
In the event of a natural disaster or fire, being in the cloud means business productivity doesn’t need to be affected because there’s no downtime. All of your information is safely and securely stored off site. As long as you have access to any computer or mobile device connected to the internet, you’re back up and running.
In addition to this, if you invite users to view your data, you can control the level of access. This is much more secure than the old-fashioned way of emailing your files or sending out a USB stick with your data on it.
Cloud-based software companies ensure that the security and privacy of data about you and your organisation is always airtight. If you use online banking, then you’re already primed to use cloud accounting software.