Cloud Accounting

What is cloud accounting?

It is maintaining your records on the internet rather than using software on your computer. This simple change brings many benefits like:

  • Accessing your records anywhere you have an internet connection;
  • On any device like a PC, Mac, Tablet or Phone;
  • At any time of the day or night

Why would it benefit my business?

These packages bring new and innovative tools to the table that simply outperform traditional software.

A great example of this would be where you haven’t changed your software in a few years. You likely spend a lot of time entering your bank transactions into it key-by-key to update your records.

Wouldn’t it be great if your software downloaded your bank statements from your bank for you?
Wouldn’t it be even better if it dealt with them for you too?

Cloud does this! For example, when it reads your bank statement and sees that you’ve spent £120 with BT, it goes ahead and puts £100 to Telephone, and £20 to your VAT return because it understands what the transaction is.

Other headline examples are:

  • No IT setup or costs, they just work like any other webpage or app
  • Updates to the software are automatic and never need installing
  • Allows accountants and bookkeepers to access at their leisure without needing to visit your office
  • Take photos of your paperwork and have the software enter the data into the software for you

Put simply, there is the possibility to streamline or even fully automate all of your accounting routines. It’s all about using the technology available today to make you more competitive and give you back the time to take a break… or work even harder.

Have a look at the main providers below to get a feel for what they do, and then contact us with any questions.

Kashflow

Login

Training

More information

Quickbooks

Login

Training

More information

Xero

Login

Training

More information

Freeagent

Login

Training

More information

Sage Business Cloud

Login

Training

More information

Where can I get further information about these changes?

You can contact the partner or manager you usually deal with, or alternatively if you are not an existing client but would like more information, please contact us for a straightforward guide to your options.

Nichola Hawden ACA CTA 
Associate Partner
n.hawden@harrisaccounts.co.uk
01226 282461

Jon Taylor FCCA
Cloud Accounting Specialist
j.taylor@harrisaccounts.co.uk
01226 282461

Home | Contact us | Site map | Accessibility | Disclaimer | Help |

© 2018 Harris & Co. All rights reserved. We use cookies on this website, you can find more information about cookies here.

Harris+Co is a trading name of Harris & Co Limited, which is a limited company registered in England & Wales: No. 8935187, Registered Office: Marland House, 13 Huddersfield Road, Barnsley, South Yorkshire S70 2LW. The term partner indicates a principal of Harris & Co Limited who is not in partnership for the purpose of the Partnership Act 1890. A full list of principals’ names is available at the Registered Office. Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland, under reference C003785105.