Online Accounting made simple
We are specialist online contractor accountants with a difference. At 1st Online we understand what’s hard about being a contractor, consultant or freelancer. These jobs come with rich rewards, but a whole lot of hard work comes along with it. You are managing yourself, often sourcing your own work and relying completely on yourself. It’s great being your own boss, but this certainly comes along with some major headaches.
One of the more difficult responsibilities comes in the form of managing your own tax and finances. Many contractors and freelancers employ traditional accountants to manage their needs which can offer very little value for money. Traditional services typically charge £1800 a year and often dependant on reams of administration work. Rather than offering an instant service, traditional accountants can be slow in making progress and answering your questions, which can mean a lot of work on your part to keep on top of your finances.
It doesn’t have to be like this
At 1st Online we believe that it doesn’t have to be this way. Our online accounting service offers you three huge benefits over choosing a traditional accountant. We’re quick, efficient, friendly and cost effective:
1. Our service is better value. Our basic package is only £20 per month + VAT.
2. Our service is simple. Powered by FreeAgent, the 1st Online dashboard shows you all of your finances in one place, instantly updated in real time.
3. Our service is complete. You’re completely in control, but we’re always here to lend a supporting hand if you need it. Our friendly advice is only an email or phone call away. There’s even a live chat on our website for instant communication with our team of contractor accountancy experts.
Online software you can rely on
Our cloud-based accounting for contractors is powered by state-of-the-art FreeAgent software. This popular software is extremely easy to use and allows you to view all of your accounting stats in one place, and in real time. Everything is brought together; invoices, VAT payroll, profit & loss, and even payroll facilities with our more advanced packages.
Our FreeAgent software is connected to your online bank account and instantly updates with your daily in-and-out transactions. Our invoice timeline will let you know the exact status of your invoices; whether they’re paid, due or overdue. You’ll know this information instantly, just by looking at the interface and without having to chase up an accountant who might be slow relaying the information to you.
This is just the start of what is available with our online contractor accounting. Find out more about what Freeagent accounting software can do.
New to contracting?
If you’re considering working as a contractor or freelancer our experienced team can help you get set up. We will set up your limited company free of charge. It usually takes less than a working day from the time that you accept our Terms and Conditions of engagement.
Are you curious about our digital accounting solutions but not quite ready to make the switch? Contact us to get a 1 month free trial of our FreeAgent software.
…..1ST ONLINE WAY
We do what we say on the tin – timely, accurate contractor accounting and advice, in return for a fixed, manageable fee.