Why Use Online Accountants?
Why You Should Consider Using an Online Accountant
Here we are talking about all the things that are great about cloud accounting so really, we should spend a bit of time talking about the options for online accountants. You may be more than happy doing your own bookkeeping and sending your tax returns to HMRC on time, with no need for an accountant at all.
But the reality is that when you’re growing a business, there comes a stage when your accounting will need looking after by a professional. Not only to make sure you are working in a tax efficient manner, but also to ensure you meet all your deadlines, and stay within HMRC rules.
What’s the big deal about accountants being online?
Gone are the days of making an appointment to see your accountant. Well, if you happen to be using the services of an online accountant, that is! Get access to your accountant and deal with your accounts – anytime. One of the main advantages of using an online service is having the ability to deal with your accounts anywhere.
If you also use cloud bookkeeping software (most online accountants will offer it as part of their service) you can use it to collaborate with your accountant. That way, they have full visibility when it’s time to complete those dreaded tax returns!
I’ve heard online accountants are cheaper, is that true?
Like with any service, you will find that some companies offer exactly the same things, but one does it cheaper than the other. Working with accountants who supply their services online will generally be less expensive than a costly high-street setup.
Online accountants can base their offices anywhere, so normally have lower overheads which is reflected in the price.
Do online accountants outsource their work then?
Unfortunately, some do, so don’t be shy about asking where the office is based, and who will be working on your accounts! It’s your data, and you have the right to know where it goes.
How reliable are they – can I trust them with my accounts?
They are just as reliable and efficient as your high street accountant. But, like any purchase, always be sure to check out any reviews online. Independent review sites are a good place to start, rather than just the ones they put on their website!
Work smarter, faster and cheaper with an online accountant. If you’re already using cloud bookkeeping software for your accounts, using the services of an online accountancy is the next natural step to help grow your business.
If you are about to start using cloud accounting software via your new accountant, or if you’re looking select one for your business, read across our reviews. We make you aware of all the good points and bad points of each software package. We also try and highlight anything that we feel will help you select the right one for you and your business.
If you need any further guidance on what software to use, feel free to drop us a line via our contact page and we will be happy to help!