Why you need an online accountant

 In General

We’re living in an age where everything seems to be done online, and this is increasingly true of the accounting industry. Indeed, as a freelancer or small business, there are some very good reasons why you should choose an online accountant.

Real time accounts data

An online accountant will suggest your business moves to an online accounts package like Xero. Not only do these packages provide everything you need to manage your business finances in real time, but your accountant can also access your accounts whenever required without having to take an export of your data or visit your offices.

Your business also benefits from the same any time access. Hosted accounts software can be accessed using the PC on your desk, or your smartphone when you’re on the road, giving you even greater control over your finances.

Improved security

Online software is more secure than a similar system run from your office. Protected by enterprise-grade security systems, online accounts packages are less vulnerable to loss or theft than an equivalent installed on your own PC.

So rather than increasing risk, online accountancy actually reduces it.

Reduced costs

Using online tools, you can reduce the amount of time and effort required to prepare accounts. Your accountant can even submit tax and VAT returns online direct from your accounts software. This then translates directly into a reduction in billable hours logged by your accountant, helping to keep costs even lower.

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