1. Use free online accounting
Pandle is online accounting software helping to save business costs for many small businesses. It’s an online accounting service which has a completely free version which has most features a small business needs from accounts software. It also has a Pro version which comes with automatic bank feeds. We can get Pandle Pro for our clients for just £2.50 plus VAT per month.
With online accounting, you can log in from anywhere to access and update your accounts. There’s no need to update the software or backup your data because they do this for you. You can give your accountant access to your account, then they can log in at the same time as you, to view, fix, and advise you throughout the year, then easily and quickly produce year end accounts. You should also save business costs on your accountant because you’re making their job easier. See more benefits here .
Why pay hundreds of pounds on software installed onto your computer, or waste hours messing about with spreadsheets that don’t give you many instant reports?
2. Do your own bookkeeping
Online accounting has made it so much easier to do your own bookkeeping, you don’t even need to enter anything. You can either sync directly with your bank accounts, or you can download your transactions from online banking, then upload them to the software. All you need to do is tell the software where to put each transaction.
You can then produce many useful professional reports as often as you like, helping you run your business smoothly.
Save business costs on a bookkeeping service, by quickly and easily doing it yourself.
3. Use Online accountants
In the age of ‘cloud-computing’ it has become easier and cheaper to set up and run your own business. Some accountants are taking advantage of this, moving from traditional offices to a more cloud-based service. They are probably based away from the high street or even at their homes, communicating online and meeting via videocalls. With much lower overheads, their fees should be much lower, yet you should get the same standard of service if you use fully qualified and experienced accountants. So you save business costs while still getting a great service.
Combined with the use of online accounting, some of these ‘new breeds’ offer a fixed price menu of services, payable in easy monthly instalments. So you know exactly what you will be paying, unlike the more traditional method of charging you by the hour, where the accountant can be rewarded for working slower!
Why pay hundreds of pounds more for an accountant working in a nice high street office?
CloudBook Online Accountants have been online accountants since 2013 and can help you save business costs
- Fully qualified & 20 years experience
- Doing everything online to keep our prices low
- Fixed fees & instant quotes from £20pm
- Free help setting you up with online accounting
- 100% satisfaction guarantee
- We also do bookkeeping, VAT, payroll, and just tax returns