Accounting has a bit of a reputation attached to it involving hefty ledgers, endless reams of legislation, long wait times and high costs.
It’s not exactly a positive image, but it has been hard-earned and leads to many a groan when it comes time for a quarterly visit to your bean-counter.
Thankfully, technology has come to the rescue again and provided a new, better way to do your accounting – in the cloud!
There’s plenty of free accounting software out there which takes care of the sums and tax rates for you – just fill out a few details and the software will crunch the numbers for you in the background. This software also does away with the traditional end-of-year tax surprises by calculating what tax you’ll have to pay in real-time, meaning you can save accordingly.
The best thing about managing your accounts in the cloud is that you can take care of your books on your own time. You’re no longer a slave to your accountants’ diary, and can slip a bit of bookkeeping into your day whenever it’s most convenient for you.
Running your own business is hard enough work without having to travel across town for a costly three-hour meeting with your accountant when you could be getting on with some real work.
With software available wherever there’s an internet connection and expert support staff on call at any time during working hours, modern online accounting solutions are designed firmly with the user – and their business needs – in mind.
We online accountants have something of a mountain to climb – traditional software behemoths like Sage and Intuit still dominate the financial landscape, but the tide is beginning to turn as individuals and small businesses begin to realise a cheaper, more convenient option is on the table.
Crunch provides a range of online accountancy services for freelancers, contractors and small businesses, from free software up to a full accounting service for £59.50+VAT per month.
