Cloud accounting software, such as Xero, QuickBooks and the tools that plug into them, has changed what is possible for small and growing businesses. Here is where the time and money savings come from.
Your numbers, in real time
Because the data lives online, you can see your bank balance, invoices and reports from any device, any time. You no longer wait for month-end to find out how the business is doing.
Less manual capture
Bank feeds bring transactions in automatically, and receipt-capture tools read supplier invoices for you. That means far less typing, fewer errors and a faster month-end close.
One shared set of books
You and your accountant work on the same live data. Questions get answered faster, nobody emails spreadsheets back and forth, and your accountant can spot issues as they happen instead of at year-end.
Better compliance
Clean, up-to-date books make VAT, PAYE and provisional tax returns quicker and more accurate. Payroll tools can handle PAYE, UIF and SDL calculations, so statutory submissions are less of a scramble.
Security and backups
Data is stored securely and backed up automatically, so a stolen laptop or a failed hard drive won't take your financial records with it.
Getting started
Moving over doesn't need to be painful. We handle the migration, set up the software and train your team as part of our monthly packages. If you're not sure where to begin, get in touch and we'll talk it through.