I specialise in providing cloud accounting software solutions that work for your business. This ensures that you never have to worry about your accounts.
What is cloud accounting software? Cloud accounting software means that you can access your software from any device with an internet connection. Instead of purchasing a program and downloading it onto just one device, you pay a monthly subscription fee that provides access from multiple devices. This makes it the perfect solution for busy business owners who need to check their accounts on the go.
Because you are paying a monthly subscription, software updates are included in this. This means you never have the problem of providers no longer supporting an old version of their software.
No upfront costs can also be beneficial, especially when your business is just starting out.
There are many software providers out there, the most common are Xero, Quickbooks, and Sage. There is also a range of cheaper or even free software out there. Although they do not provide the same level of service, they can be useful for businesses just starting out.
Below is a more in-depth look at the common cloud accounting packages, and the benefits that they provide to your business:
Xero is a very versatile and user-friendly platform, with an intuitive layout that makes entering financial transactions simple. It has a payroll module, can track inventory, projects, deal with timesheets and expense claims. It has the capability to directly import your bank, credit card, and PayPal data so that you don't have to manually import bank transactions or statement files. Xero fully complies with MTD and has developed its VAT software to comply. As a certified adviser, I can offer discounts on your subscription.
I can also manage the entry of your accounts. Ranging from entering all day-to-day transactions to just logging in and checking what you have done. I can also just run monthly reports.
Contact me today to discuss how Xero can work for you.
Quickbooks has many options for both the sole trader/freelancer and business clients. It can run payroll, manage VAT, and keep track of inventory and projects. Like Xero, Quickbooks also allows you to connect your bank, card, and PayPal accounts to import the transactions, and set rules for recurring monthly transactions.
Quickbooks do not provide quite as many updates or as good of a user experience as some other providers, however, it comes in at a lower price bracket and has more versatility if you are a sole trader. Contact me today to discuss how Quickbooks could work for you and your business!
Not to be left behind by the newer emerging cloud software, Sage has developed a cloud-based package as well. Sage is currently far pricier than Quickbooks and Xero and has a rather clunky, old-looking interface, which makes it less of an attractive option. It does, however, just like the others provide a platform for you to manage payroll, invoicing, banking etc.
Sage cloud software is most suitable if you are already using a Sage desktop package and are hesitant to move away from the familiarity of what you are currently using.
Contact us today to discuss Sage, and how it could work for you.