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.

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