When a small business owner asks me should I be using a cloud based accounting package, the answer is always going to be YES, YES, YES. I have set up many small business owners up with a free cloud accounting package on their smart phone and asked them to try, in some cases for their own sanity. They come to me stressed by the paperwork, I show them one bit of the package to start them off and let them see just how easy it is to use. Most people never look back and end up loving it. Here are some of the reasons you need to try it. It will cost you nothing only time which you will get back tenfold.
I have set up many small business owners up with a free cloud accounting package on their smart phone and asked them to try, in some cases for their own sanity. They come to me stressed by the paperwork, I show them one bit of the package to start them off and let them see just how easy it is to use. Most people never look back and end up loving it. Here are some of the reasons you need to try it. It will cost you nothing only time which you will get back tenfold.
It will free up your time and even make book keeping and general accounting fun.
In the past small business owners have become frustrated using off-line accounting software because it is difficult, non-intuitive and designed for accountants. Online accounting software is easy to use, simple to learn with lots of easy guides and online tutorials. I have helped many small businesses get online and their life becomes easier and they can get things done in less time with no accounting jargon to contend with,
Save you money on accountancy fees get rid of the duplication.
Do you raise your invoice in word or excel? By using online accounting software, you will avoid duplication, you can create professional looking invoices customised with your own brand. Getting paid can be made easier by giving customers the option to press the pay now button which is linked to PayPal and Go cardless. You know when your customer has logged in and seen your invoice, so no more of this “sorry, I did not get your invoice”.
Do you feel like you do the work on excel or in a book then your accountant charges you for doing again? With your bank constantly updated the accounts are a tag away from being done. Your VAT return will be calculated and you will file your return straight from the software. No logging into HMRC to file.
Knowing how your business is doing and getting ahead of HMRC tax going digital
The software will link to your bank accounts which means you track how much money you have in real time. No need to log into the bank. You can see if your business is making a profit on a monthly or annual basis by looking at your profit and loss report. Many businesses only see their Profit and Loss when their tax year is finished and so can never make those important tax saving decisions. You can see which customers owe you money and which suppliers you owe money. Imagine having all this information at your fingertips. 24/7. HMRC are going digital get online in your time, not theirs.
Most self-employed have no idea how to be a bookkeeper and they shouldn’t have to. Online accounting lets them get on with the creative stuff and not worry about the mountain of paper or shoebox of receipts! Get rid of the paper and at the same
Get rid of the paper and at the same time, you will get rid of the stress. If you want to find out more send me a
If you want to find out more send me an email or message me.
About the Author:
Marie is a proactive accountant and loves to help small businesses streamline their processes and make life easier. Accounts and tax for the small business are pretty straight forward and with the help of intuitive cloud based packages, she can help you to save time and money and stop the duplication in your business.
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