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The switch towards digital services and cloud technology

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Businesses from all sectors are enjoying increased efficiency and flexibility by moving to cloud-based accounting – and market leader QuickBooks is at the vanguard of that transition.

The switch towards digital services and cloud technology-driven to a significant extent by the Making Tax Digital (MTD) initiative – has seen many more businesses move their accounting activity online.

QuickBooks is one of the world’s most successful SME cloud-based accounting solutions, with around three and half million users worldwide. Designed to increase efficiency, improve access to financial information and simplify bookkeeping and accountancy processes for SMEs in all sectors, QuickBooks offers a range of packages tailored to businesses of various sizes. All of this is possible on a subscription basis, and without the need for any major software installation, as QuickBooks is entirely website driven.

As a QuickBooks provider, the team at Price Bailey can work with you to make the transition to cloud-based accounting as smooth and seamless as possible. Benefits of switching to QuickBooks include:

  • More efficient invoicing – send invoices in minutes, track them on the go and get paid faster
  • Easy access to business information – see how your business is doing in less than 30 seconds; take control of cash flow and know where your money is going, all in one place
  • Payroll that pays off – save time and money creating employee payslips, sending RTI data to HMRC and managing auto-enrolment; stay on top of PAYE, NI and other deductions with ease
  • Expenses meet their match – automatically categorise income and expenses so you’re always ready for the taxman
  • VAT made simple – calculate and track VAT automatically; prepare then submit accurate returns from QuickBooks and always be HMRC compliant
  • Nail your CIS compliance – save time managing CIS, with contractor and subcontractor deductions worked out for you
  • Anytime, anywhere access – work from anywhere in the world that has an internet connection, and on any device using the QuickBooks mobile app
  • Future compliant – QuickBooks is fully compliant with Making Tax Digital, and also incorporates new legislation and software updates automatically, eliminating to need to install or pay for ongoing upgrades
  • Outstanding connectivity – QuickBooks integrates with hundreds of third-party apps including inventory, invoicing, time tracking and expenses, extending the software’s support for your business.

QuickBooks cloud-based accounting software gives you more effective and efficient control of your business. To find out how we can help get in touch.

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