Updated: 2 days ago
So you may have been running a small business for a while and your bookkeeping is getting on top of you. You don't want to spend your weekends catching up and so you decide you need a cloud accounting package. The adverts make it look so easy but where do you start?
You could start invoicing and posting expenses, calculating VAT and categorising your costs but how do you know that you are doing it right? You may have heard of the phrase, "garbage in, garbage out" - GIGO. In summary, you accounting package is only going to be accurate and report OUT correctly if the information going IN to it is accurate.
Here at Longwood, we can help you choose the right package and get it up and running so that it really adds value and frees up time for you to focus on your business. We can configure your system and carry out training to help you get the best out of your package and give you peace of mind that you are accounting for things correctly. This is particularly true in areas such as VAT, CIS, Payroll and Management accounts.
We've pulled together a quick guide to help you get started in terms of figuring out what you need your accounting package to do. And we can take you on the rest of the journey. We can help you customise meaningful reports to help you understand how your business is performing. We can help make sure you are compliant with CIS, Payroll, and VAT. We can configure and implement processes which will really save you time.
We are experienced in both cloud accounting but we also have experience in financial accounting which means we can help you make sure your accounts are accurate and informed. For more, download our "How to Choose a Cloud Accounting package" guide.