Online Accountants offer the same services you would expect from a traditional accountant. Online Accountants simply utilise modern technology which enables all tasks to be completed “online”.
Examples of “Online” working methods :
Bookkeeping can be completed using “cloud” software such as Xero, Clearbooks & Kashflow to name a few. Cloud accounting software is an alternative to traditional accounting/bookkeeping software such as Sage & Quickbooks. The user is able to “log-in to their account from any device (computer, laptop, smartphone) with an internet connection and enter or view transactions. It also allows users to share their financial information easily with other parties (such as their accountant).
Communication through email rather than the postal service means quicker turnaround times. This can mean that general queries are answered alot faster. You can also email data backups to us rather than having to make a special trip to bring your records to the office.
At accountopia Ltd we use secure online file sharing. We provide you with “log in” details to your own private area. This means you can upload documents such as invoices & receipts to the secure area for us to process. We also can provide you with useful bookkeeping tools such as spreadsheets via this service.
HMRC online filing
All Income Tax, Corporation Tax, CIS, PAYE, VAT returns are filed online using HMRC’s software.
Meetings can be held online using skype, webcams or over the telephone.
What are the advantages of using an Online Accountant?
The amount of paperwork is significantly reduced.
Fast efficient service, quicker turnaround times.
Cheaper than traditional accountants due to the streamlined model of the business.
Real time information enables you to be proactive rather than reactive to any potential financial problems.
Send your records/information to us without leaving the comfort of your home/office.