Good record keeping is incredibly important to your business, not just to be able to accurately assess income and expenses, but also to meet legal obligations and avoid penalties and wasted time. Good records form the basis of all accounting related documents produced, such as VAT and tax returns, and statutory accounts.
I use Quickbooks Online, the world’s no.1 online bookkeeping software, together with Receipt Bank, to help make record keeping efficient and effective. The Quickbooks For Small Businesses mobile app is included, so you can manage your finances on the go, and create and send estimates and invoices from your phone.
From April 2019 all VAT returns will need to be submitted through software, under HMRC’s Making Tax Digital programme. It will no longer be possible to submit returns through HMRC’s website, and software such as Quickbooks will be needed.
If your business is not yet using cloud bookkeeping software, get in touch to discuss your needs. As a Quickbooks and Receipt Bank Partner, I can provide the software to you at a discounted rate, and can also take care of the bookkeeping itself. Going paperless will save you an enormous amount of time, and will probably also save you money, as everything involved in your accounting will become so much easier and quicker.
By helping you save time on your accounting, Quickbooks Online frees you to focus on growing, or simply enjoying, your business. With all your financial information up-to-date in one place, you’ll have a better understanding of your business and an at-a-glance overview of your financial position.
Get in touch to get Quickbooks Online together with all your company’s accounting and tax compliance in one simple package.
Stillness Road Limited, Chartered Accountants - Registered in England & Wales - Company no. 11006039 - VAT no. 280569284 - Registered Office: 7 Juniper Court, 71 Mulgrave Road, Sutton, Surrey SM2 6LY