When Back to the Future: Part II came out, it predicted that 2015 would see the likes of flying cars, hoverboards and self-tying trainers. The reality is… none of these things happened. Even worse, most people are still running their businesses on a pen and paper, never mind a cloud-based, electronic world.
Whilst digital record-keeping and cloud accounting software can’t tie your shoes for you, it can still give your business a solid footing…
Free Up Your Loft-Space
HMRC require you to keep your business records for up to 6 years. We’ve seen sheds and lofts full of boxes. By starting your digital journey with the simple act of not printing everything and storing it electronically, you’re saving yourself valuable time and space.
Digital records are easier to organise, search, and retrieve, eliminating the need to sift through piles of paperwork.
Accounting on a Cloud
Most cloud accounting software, such as Sage, have functionality that allows you to attach the document you’ve saved electronically to a transaction. As your accountant, we won’t need to pester you for copies of invoices or ask what you’ve spent your money on.
It’s all there for us to access live, and we can work in the background to make sure your transactions are in the right place in your accounts.
Live Information on your Business
Once you’ve got your files electronic, and your bookkeeping live, as your accountants we can see how your business is doing RIGHT NOW, rather than always looking back historically. We can advise you on your business profit/loss, find more opportunities to save your tax and help you gear up for your next year-end.
Rather than rushing to a deadline to get your accounts done, you can sit back and let us do our magic, in your software.
To the Future
Once we’ve got a cloud-version of where your business is at historically, and where it is today, you can unleash some powerful new service available from your accountants, focusing on the future.
We can provide management accounts for your business, showing you snapshots of how it’s doing every quarter or month. We can add in some forecasts of where you want your business numbers to be, and then compare the two to make sure you’re on the right track.
By utilising cloud software to digitise your records, run your numbers, and forecast forward, we can predict the future far better than Steven Spielberg did. It won’t fly your car, but it’ll help you achieve your business and financial dreams. Not bad, eh?
