IT’S TIME FOR A DIGITAL MAKEOVER

Derek Grant

IT’S TIME FOR A DIGITAL MAKEOVER


Even the globe’s grandmothers would vouch for us when we say digitalisation has kept us afloat during the pandemic. Thanks to the rapid digital transformation, we can sleep easy knowing that business support, wealth management and taxation are only a click away.

You could say “you can’t expect to get everything you need at the push of a button” is somewhat irrelevant in 2022. With digital tools like QuickBooks, Xero, FreeAgent, IRIS KashFlow and Sage, accountancy has never been easier.

Digital accountancy tools meet the need for real-time, accurate and meaningful financial information. By swapping outdated methods such as receipt-hoarding and paper expense claims for technology-driven solutions, you can save time, improve processes, and reduce your workload.

As of April 2019, VAT registered businesses with a turnover in excess of the registration threshold have been required to submit their VAT returns via digital software. Here’s five tools we recommend that will help you save time and give your office that much-needed digital makeover…

QuickBooks

Whether you’re a sole trader, small business, bookkeeper or accountant, QuickBooks is the one-stop shop for digital accountancy. It’s a smart and secure Cloud-based platform that allows users to automate books, submit taxes, get paid and manage employees.

Xero

Known for its clean, uncluttered interface, Xero is one of the top accounting tools on the market. By offering integration with over one thousand third-party apps and giving users the opportunity to access accounting on the go, Xero manages your time as well as your finance. In this short webinar, Becca Smith introduces some of Xero’s most exciting features.

FreeAgent

FreeAgent makes it easy to stay on top of your business admin with friendly interfaces and time-saving automation features. The Auto-Populated Account tool allows you to quickly access your financial reports, while the Admin To-Do List helps you power through your admin.

IRIS KashFlow

Running a small business is tough enough without the distraction of complicated accounting. IRIS KashFlow accounting software has been designed to save you time and effort by letting you manage your accounts on your terms anytime, anywhere. From quoting and invoicing to getting paid on time … this is a digital accountancy tool that goes with the flow and keeps it simple.

Sage

Stay on top of your accounts, pay run and paperwork with Sage Accounting and Payroll. Get peace of mind with software that is accurate, compliant, and keeps cash flow under control. By adopting Cloud accounting software, Sage can securely capture receipts in the moment and seamlessly track your businesses performance.

Your time is precious

Make drowning in receipts and documents yesterday’s news by transitioning to digital. As experts in online accountancy, we can help you choose the right tools for your business. From freelancers to large scale organisations, our MMG 123 approach to accounting ensures that you get the support and advice which is right for you.