27 February 2020
Services:
Online Accounting,
Outsourced Accounting
Cloud based accounting is always something that we recommend to our clients, as it not only helps you to keep your accounting records Making Tax Digital (MTD) compliant but it can also really drive you towards your business goals. With the introduction of MTD last year, now might be the right time for you to make the move to online cloud accounting, if you haven’t done so already. Here are 5 features of cloud accounting which our clients love:
Saves time
Cloud accounting streamlines and automates your bookkeeping system. Ultimately this saves you time on day-to-day tasks and administration.
Easily accessible
You can access your financial data, anytime, anywhere with cloud accounting software. This has really revolutionised the way that people do business, allowing you to run your business on the go.
Real time data
All of the stored data is current. Being able to access real-time information means that you can access key financial data, such as bank balances and who owes you money, so you can then make strategic decisions based on up to date insights.
The balance of support and independence
We can help you to tailor cloud accounting software to suit your own needs. If you then want to take control of your records yourself, you’re free to. But equally, if you want to us to be involved, we can help with parts or all of the bookkeeping system. Because we share the same data, we can better advise you whenever you need us. Our outsourcing specialists are happy to train you on a range of online cloud accounting software, such as Xero, Sage Business Cloud or QuickBooks.
Security
You can rest easy knowing that your records are safe with cloud accounting and that you do not need to take back-ups. Your data can't be lost, is password protected and for extra security, you can add two-step authentication.
Cloud Accounting at Haines Watts
We genuinely love to see businesses reap the rewards of cloud based accounting. We are accredited platinum partners with the market leaders in cloud accounting, Xero. Xero, which is considered the most user-friendly software, has a variety of apps which can be bolted on, from job costing to stock control.
The most important point is to make sure you get what you need from any accounting system, so you can best manage your business. We specialise in making the system work for you, having years of experience in a variety of different cloud accounting platforms.
If you’re ready to make the move onto cloud bookkeeping, or want to know more about what online accounting has to offer, get in touch with our teams in Newcastle or Darlington, to see how we can help.
Author
