How can a small business use cloud accounting?

There is no denying that cloud accounting is now the preferred method for many accountants and small business owners alike. And as seasoned accountants ourselves, we can see why. Cloud-based accounting is quicker, easier, and more accessible than traditional methods, and it allows the automation of almost every accounting task. What’s more, VAT registered businesses are now required to store and submit financial information digitally under the Making Tax Digital (MTD) guidelines 

QuickBooks: Our cloud accounting software of choice

Our accountants are fully trained in 6 cloud-based platforms including QuickBooks Intuit and Xero. Using a cloud-based software like QuickBooks can save you up to 8 hours per month , simply by automating things you’d usually do manually.

Here are several features you will find within cloud-based accounting software:

  1. Automatic bank feeds
  2. Automatic bank reconciliations
  3. Automatic invoicing
  4. Automated CIS deductions (for contractors/subcontractors)
  5. Capability to connect cards and bank accounts
  6. Cash flow insights
  7. Real-time payroll submissions to HMRC
  8. Scheduled billing
  9. Tax & VAT calculations

*All features listed are included in our cloud accounting monthly subscription.

Try our cloud accounting subscription today

Looking for a central location for your accounts so you can manage them anytime, anywhere? Try our cloud accounting subscription from just £10 per month, which includes unrestricted access to

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