Cloud accounting is where your accounting software sends data to and from the “cloud”. The cloud is a metaphor for a remote computer server (or collection of remote servers), as opposed to a server you own that is based in your office. Your accounting software itself might also be located and accessed in the cloud, instead of being loaded onto your computer.
Financial software that promotes accuracy and collaboration within your business is of utmost importance because it results in a clearer understanding of your accounts, efficiency and savings.
We recommend our cloud accounting service to individuals and businesses of all sizes because managing your finances digitally is quicker and easier. It is also essential for the future because of the government’s drive towards Making Tax Digital. This is a good time to get ahead of the curve and switch to using cloud accounting.
As early adopters of cloud accounting ourselves, we recognised the advantages early on and were also one of the first accounting firms in the country to supply cloud accounting software to our clients. This means we have a plenty of knowledge and experience to share with you about how to make the most of it.
Our software specialists are on hand to run through the various options that would be suited to your business and budget. They will also provide you with demonstrations and help implement the software to ensure there’s a seamless transition.
Once your software of choice is set up and integrated into your business, we will provide full training and ongoing support.
Xero
This software is designed for small and medium-sized businesses and has been used by Aston Shaw for over a decade. We are just one of the 1.5 million subscribers already using Xero.
It operates on real-time data which makes for better reporting because it uses your current data, not just your historical data. The key features of Xero include:
QuickBooks Online
We are also long-running suppliers of QuickBooks Online, which thanks to its vast advertising campaign is familiar to most UK businesses.
Like Xero, this software is geared mainly towards small and medium-sized businesses and has many of the same features with the addition of being able to automatically track your business mileage using their mobile app.
FreeAgent
This software is very much on the up with improvements being made on a regular basis & is geared towards simple micro-businesses, sole-traders and contractors.
Having been purchased by the RBS Group in 2018, the software subscription is completely free to RBS & NatWest customers. If you don’t bank with NatWest or RBS don’t fret because Aston Shaw clients can receive FreeAgent at 55% of the RRP making it an ideal choice of product for new businesses.
FreeAgent is also very well known for its excellent customer service, making it very user-friendly indeed and also has a mobile app to help you keep on top of your finances on the move.
For your peace of mind, we are Platinum Partners of QuickBooks, Gold Partners of Xero and proud Partners of FreeAgent.
We start with a free, initial consultation to discuss your needs and the nature of your business. Then we recommend the accounting software that we think best suits you. Once we’ve agreed on the software, one of our specialists will sit with you over a beverage to show you how to use it and, crucially, how to get the most from it.
Don’t worry if you choose not to use Xero, QuickBooks Online or FreeAgent as your cloud accounting package. We look after plenty of clients who use a number of different desktop and cloud software products including the following:
If you are interested and would like to know more, please do get in touch for a friendly chat. We’re confident we can help you.
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