When you are a contractor, freelancer or small business owner, you need to make sure that everything runs like clockwork. You may have heard about free online cloud accounting software before now, but how much do you know about it? The fact of the matter is that, if you want your company processes to be efficient, you need to insure that you get some apt software. Taking the stress out of running a business is what we specialise in here at 1st Online. Our experts understand your professional needs and do everything they can to make your life simple.
What is cloud accounting?
Online cloud accounting software is a relatively new development in the technological sector. The great thing about these systems is that you can access them from anywhere in the world. That is to say that if you decide to travel for business, you can still keep tabs on your accounting from afar. We have found this feature to be immensely popular with business owners who trade globally. The specialist tools are available with a simple login, which means that they are flexible and easy to use.
How can online cloud accounting help you?
If you’re a small or large business owner, there are many benefits that having cloud accounting will afford you. For example, you will find online bookkeeping is easier than keeping manual records. When you begin to use our apps, you will find that it does much of the hard work for you. If you have people who work underneath you, you can have personal logins for each of them. That means that all your staff can start to use the software. This new technology should make your processes easier, quicker and less stressful than they are now.
What features can you expect?
There is a multitude of features that our digital accounting software provides, which will enhance your user experience. You can use the software to check up on your finances at any time. You can view losses or earnings online no matter where you are. You can also file expense reports, invoice clients, and submit financial reports and VAT forms. All these features will be available on both your laptop and in the form of a mobile app. When you are on the go, you just need to login to your app to check your Company finances. You can then see a detailed overview of your company’s performance. This feature will help you assess how well your business is doing and seek to enhance it. Our services have a high level of security, which means that you can rest assured your details have full protection.
Keeping track of outgoing and incoming invoices can be a nightmare. If you find it difficult to assess this aspect of your company, you may need a little help along the way. Our free online accounting app makes this aspect of your processes simple. Using our bookkeeping software, you can easily create new invoices, set up automatic reminders and safely file away current documents. This means that you will find it straightforward to view your outgoing finances as well as what clients owe you.
These days, many businesses have to complete detailed expense reports on behalf of their staff. This function will be super important when you come to file your Tax Returns, and so you need to ensure that you get it right now. Our Cloud Accounting services allow anyone to create a thorough expense report online. You can save each of your documents and review them whenever you need to do so. If you pay your Employees for their mileage, you can use our software to keep track of these fees. That means that there will be no nasty surprises at the end of the month. You can check the mileage reports whenever and wherever you want, which gives you complete control. The software links to your Business account, which means that you can pay people with just the click of a button. Nothing could be quicker.
At the end of the financial year, there is a lot to handle when it comes to your business accounts. But you’ll never fear this deadline when you sign up to one of our support packages because our software can help you every step of the way. Whether you are preparing your accounts for tax purposes or assessing your performance, we can help. The app will help you to complete your annual Corporation Tax Return and even allows you to pay any dividends to other parties. That means that, rather than using all manner of processes, the software combines everything you need. Accessing all your Accounting features in just one place will mean that you are always on top of your finances. Our tools allow you to create Tax estimates, which means that you will have an idea of how much annual Tax you will need to pay before it is due. This feature certainly takes the sting out of the end of the financial year.
If you are a busy person, you are likely always out and about meeting clients. If you need to check your financial situation, you can do so by logging into your app on your smartphone. This feature allows you to have complete control over your accounts no matter where you happen to be. We ensure that the system is 100% safe, which means that you can use the app without fear of anything compromising your accounts.
When it comes to business accounts, we understand that nothing in the world could be more important than security. That is why we tailor our systems to suit you. When you trust our software, we ensure that we deliver the highest level of security. From unique customer logins to high-tech security systems, we have it all. We put everything in place so that we can offer excellent account protection.
Should you ever need support with our online cloud accounting software, we are always on standby to help you out. Our expert team members are just an email away. No matter what you need, we will help you figure out the best solution to your issues. That means that everything will be straightforward from start to finish.
…..1ST ONLINE WAY
We do what we say on the tin – timely, accurate contractor accounting and support, in return for a fixed, manageable fee.