At SMH Accounting & Business Advisory we offer a range of services to help our clients manage their finances and achieve their goals. One of the key services we offer is Cloud Accounting.
What is Cloud Accounting?
It is the process of managing financial transactions and records using cloud-based software such as Xero and Sage. Software is accessed over the internet and offers real-time access to financial data, enabling businesses to manage their finances more efficiently and effectively.
Why do businesses need Cloud Accounting services?
For a variety of reasons:
Accessibility: Software can be accessed from anywhere with an internet connection, providing business owners with real-time access to financial data.
Efficiency: Cloud accounting software automates many manual accounting tasks, saving time and reducing the risk of errors.
Collaboration: Cloud accounting software enables multiple users to access and collaborate on financial data, improving teamwork and productivity.
Cost-effectiveness: Cloud accounting software eliminates the need for expensive hardware and software and reduces IT support costs.
Legislation: Legislation which came in in 2019 forced most types of business to keep track of their tax affairs digitally and update HMRC at least quarterly via a digital tax account.
Fixed Fee Packages
We offer fixed fee packages to get you started on the cloud, with the ability to upgrade at any time as your business grows. You can access as many of the below services as your business requires:
Set up of Xero Account
Virtual support
Conversion to Xero
Annual Accounts
Monthly or quarterly Business review
Xero set up
Annual Return
Monthly or quarterly Skype meeting
Receipt Bank set up
Personal Tax Return
Annual Business Planning
Receipt Bank Bookkeeping
Business Tax Return
Annual Cash-flow Forecasting
Director and Employee Payroll
Quarterly review
Training for your team
Credit Control
Instant messaging
Further bespoke training
Why choose our Cloud Accounting services?
Our Cloud Accounting services are designed to help businesses manage their finances more efficiently and effectively, providing real-time access to financial data and insights to make informed decisions. Our team of experienced accountants has the expertise to provide accurate and timely financial information and insights, enabling you to manage your business more efficiently.
Contact the SMH Accounting & Business Advisory team on info@smh.group or 01142 664 432 to learn more about our Cloud Accounting services and how we can help you.
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