Starting a new business? Get 40% off our accountancy services for 3 months! 😀

x

Traditional accountancy calls for many visits to your accountant, time consuming mail deliveries and the risk of items being lost in the mail and storage of paperwork. The whole process has now been simplified thanks to technology. Anyone who has access to the Internet can use the services of an online accountants. HM Revenue & Customs expect to see that a business is keeping adequate records, as well as being up to date with filing deadlines and payments. An online system is easy to keep organised, with invoices retained, payments recorded and all information ready to be examined.

Online accountancy allows a business to file all important documents online, reducing the requirement for lengthy postal deliveries and storage space. As your accounts and documents are online you may access them at any time. Alterations are made in real time with no need to send changes to accounts back and forth between client and accountant.

Keeping accounts online also allows you to access your accounts wherever you are, without having to return to the office. As long as you have access to the Internet you can deal with any queries or problems immediately. Online accountancy reduces the requirement of face to face visits, leaving you free to manage your business rather than lengthy meetings with your accountant.

Businesses have many legal requirements to adhere to, especially with HMRC. As legislation is constantly changing it is cost effective to outsource to an accountants, with online accountancy being the most efficient solution.

guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Umbrella Companies for Self-Employed Contractors

When you set up in business as a contractor you might either work as a sole trader or as a limited company….

Read More

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.