WHY THE CLOUD ACCOUNTING?

 
Review To Action Loading Circle GIF - LowGif  CLOUD ACCOUNTING  —Offers you the ability to Run your business from anywhere with a mobile
accounting app for iOS or Android. It’s easy to send
invoices, approve expenses, input receipts and
reconcile. So you can set up your office wherever
you want.

BENEFITS OF CLOUD ACCOUNTING

Knowing what you have in stock, when to reorder and what your inventory is worth is vital for a smooth running business. You’re in business to sell something,so make sure you have everything sorted to make it
as easy as possible. Manage your inventory using powerful cloud systems.

Manage your payroll online,send payslips online without printing to avoid paper wastage.Automatically post payroll taxes to respective accounts.

Fixed assets management is easy and depreciation is run automatically at the click of a button.

Automatically send statements online just like invoices, quotes at a click of a button. Also customers can create
a free login to only view their statements.

Store all support documents e.g. purchase orders,quotations, receipts on the cloud and attach them to respective transactions lines.That eases the audit process with no need to go to the physical file.

Do invoicing, create expense claims, and track sales
and income on the go.

Example of this  include Xero cloud accounting App.

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Create performance reports and budgets. No waiting until the end of the month.

Quotes, invoicing and the dashboard all help for an up-to-date financial snapshot .

Your employees can raise invoices and claim expenses on the go too. It’s simple to control their level access so they don’t see the rest of the financials.

Have your customer and supplier details on hand –whenever you need them. The cloud accounting app makes it easy to look up addresses, quickly find phone numbers, and add and edit contacts on the spot. Customize contacts to show their key details
and archive those you no longer need.

Know how you’re doing financially with daily updates from your bank accounts and credit cards that show upon the dashboard and in reports .

Online Accounting | Xero UK

Give your staff access to the areas they need to do their job. And invite your advisor to collaborate with you on your business in real-time.

Easily create and send invoices , with online payments and invoice reminders for quicker payment.

Why Xero Accounting Software Is A Crucial Tool For Bookkeeping