Digital Switch Over
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0114 321 7459If you have landed on this page then this is already a great start because as a growing business, chances are you’re juggling more responsibilities than ever before. While all business owners dream of success, the hard work and time-consuming obligations that come with these accomplishments only intensify as your client base and your revenue begin to grow.
This is why embracing technology and utilising the latest in business software to help you streamline your daily workload is a smart, business decision. From your social media and digital marketing implementations to HR and management software, task management tools, document and branding collaboration software – the list is endless.
However, one of the most utilised and most important software implementation to help you run your business is your accounting software which makes the decision of where to go even harder. But don’t worry we are here to help you choose the correct piece of software that is right for you and your business, getting this right is crucial as it will save you time and money!
Here at Gravitate Accounting we are Xero specialists, all of our digital accountants are Xero certified meaning that you will get the best support throughout.
When you move to Xero you’re not just bridging the gap between you and your accountant, you’ll gain a better understanding of your financial situation and ensure you and your business have the economic insight you need to move forward.
Below are 5 reasons why you should make the switch to Xero.
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The technology you need to push your business forward doesn’t have to cost the earth. Xero accounting software has a low, monthly cost that essentially pays for itself. With a variety of packages you pay for what you need, when you need it. Plans start from as little as £12 + VAT per month.
Cloud-based accounting is a safe, secure and fully encrypted way to keep all your financial data preserved. Xero removes risk and replaces it with compliant legislation, backups and regular updates.
Mike Crocker can offer some advice on how to improve your business’ cashflow after gathering some initial information from you; however, some general improvements include:
- Ensuring your receivables are submitted ahead of your payables going out.
- Analysing your product offering, pulling back on any products that aren’t selling, and investing more heavily in popular products that return a higher revenue.
- Using cloud-based accounting software for live information on your financial position at all times.
As your business grows, so does Xero. The scalability of this service means no matter what your requirements are – from multiple currencies to stock management and Payroll and many many more, there are 1,000 + apps on the Xero app store for you to choose from meaning that the company will never be held back by its accounting software.
For growing businesses, tax obligations and compliance are a constant issue. Keeping up with regulatory bodies, ensuring your accounts are in order and meeting deadlines is enough to keep you up at night. However, with Xero, you’ll benefit from a live running of your tax obligations, the latest HMRC updates.
Thanks to our implementation of software anytime is a good time to switch over to digital accounting. However some good examples of times to switch would be a month end, quarter end or even Yearend allowing for a fixed date to get the data swapped over.
Now’s the best time to have a clean up
- We will check that the software matches the published information to Companies house
- Banks and any other key parts will be checked to ensure they match the source data
- Review Aged Debtors and Creditors to clean up any errors
- Ensure any regulatory information has been submitted for the period
- Software Transfer
- We use the latest technology to ensure that your data is transferred securely to Xero, we then check the entire data so that we can be sure everything is where it should be.
- We go through the software to set up any key information such as, credit terms, logos, invoice templates you name it, this mean that’s the software is ready to hit the ground running.
- Training is key and we always ensure that no matter what we do that you and your team know how to use Xero and leverage its technology to provide you with efficiency and savings from the start.
- We will evaluate you data and create a plan on how we will convert the data and how best to go about this
- Your data will be securely handled and imported in to Xero so that you know it is safe and sound
- Working with you to create your new templates bringing your accounting up to the digital world meaning less work for you.
- Training will be key seeing as you are new to accounting software but have no fear our experts have been using Xero for years and will guide you through every part.
- Once converted we will ensure you are all set and check in with you often to ensure you are getting the most from the new software.
- We go through the software to set up any key information such as, credit terms, logos, invoice templates you name it, this mean that’s the software is ready to hit the ground running.
- Training is key and we always ensure that no matter what we do that you and your team know how to use Xero and leverage its technology to provide you with efficiency and savings from the start.
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